Commission for the Protection of Competition of the Republic of Cyprus (Nicosia)

Cypriot Competition Authority

Commission for the Protection of Competition of the Republic of Cyprus (Nicosia)

The Commission for Protection of Competition has the exclusive competence for the harmonious operation of the market, within the rules of fair competition far from any anticompetitive distortions as means to boost economic growth and social welfare. The Protection of Competition Law 2008 and 2014 in conjunction with the Control of Concentrations of Enterprises Law 83(Ι)/2014, place the rules and principles that have as an objective the maintenance of effective competition within the Cypriot market. The laws entrust the CPC with the obligation for the fulfillment of this objective that creates the conditions so that consumers are offered higher quality goods and services at competitive prices This way productivity and investments of enterprises are increases as well as the creation of a climate favourable to the research, innovation and technological progress. The Commission for Protection of Competition was established in 1990 with the enactment of the Protection of Competition of Law 207/89. The law in question was abolished with the enactment of the Protection of Competition of Law 2008 (Law number 13 (I) /2008) that was amended by the Law 41(Ι)/2014. The Protection of Competition Law 2008 and 2014, inter alia, determine the Commission as the competition authority of the Cyprus Republic, responsible for the application of Regulation 1/2003, and of articles 101 and 102 TFEU, where necessary.

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Commission for the Protection of Competition of the Republic of Cyprus (Nicosia)

Articles

5480 Bulletin

Cypriot Competition Authority The Cypriot Competition Authority is notified about an acquisition for sole of control of a shipping company by one of its parent companies (Columbia Marlow Holding / Schoeller Group)

24

Notification of concentration regarding the acquisition of Columbia Marlow Holding Ltd by Schoeller Group, via Ferrum Marine Company Ltd* The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 of the Control of (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of the Saudi Arabian national oil company’s desire to acquire an American producer of preventative products for car engines (VGP Holdings / Saudi Arabian Oil Company)

23

Notification of the concentration concerning the acquisition of the share capital of VGP Holdings LLC (international product company division of Valvoline Inc.) by Saudi Arabian Oil Company, via Aramco Overseas Company B.V.* The Service of the Commission for the Protection of Competition has (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of a concentration concerning the acquisition of joint control of a hotel operator and developer by an owner and operator of luxury resorts and an investment company (Aphrodite Hills Resort / MHV Mediterranean Hospitality Venture / W.R.A. Consultants)

22

Notification of a concentration concerning the acquisition of joint control of Aphrodite Hills Resort Limited by MHV Mediterranean Hospitality Venture Limited and W.R.A. Consultants Ltd* The Service of the Commission for the Protection of Competition has received a notification of a (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of an intended acquisition by a beverage bottler of a soft drinks manufacturer and distributor (ESM Effervescent Sodas Management / CC Beverages Holdings II)

7

Notification of a concentration concerning the acquisition of the share capital of ESM Effervescent Sodas Management Ltd by CC Beverages Holdings II B.V.* The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of an intended acquisition of a Dutch stair lift producer by a Dutch investment company (Otolift Beheer / NPM Capital)

63

Notification of a concentration concerning the acquisition of the share capital of Otolift Beheer B.V. by NPM Capital N.V., through NPM Investments 28 B.V.* The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of an intended acquisition by a Canadian security company of an American provider of cash support services to banks (Arca Holdings / Garda World Security Corporation)

38

Notification of a concentration concerning the acquisition of the share capital of Arca Holdings LLC by Garda World Security Corporation* The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of the (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification from a Guernsey private equity firm of its intention to acquire a German pharmaceutical firm (Permira Holdings / Sanofi)

48

Notification of a concentration concerning the acquisition by Permira Holdings Ltd of assets related to the portfolios of central nervous system and pain/cardiology medicinal products which belong to Sanofi S.A, via Laboratorios Lesvi S.L.U.* The Service of the Commission for the Protection of (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification that a Singaporean investment firm intends to acquire three firms active in the global supply of irrigation products (Jain America Holdings / Naandan Jain Irrigation / Gavish Control System / Temasek Holdings)

49

Notification of a concentration concerning the acquisition of the share capital of Jain America Holdings Inc., Naandan Jain Irrigation Ltd and Gavish Control System Ltd, by Temasek Holdings (Private) Ltd, via Rivulis PTE Ltd* The Service of the Commission for the Protection of Competition has (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification that a Luxembourg-based asset manager intends to take over an arm of a London-listed European public company offering information on commodities (Fastmarkets Euromoney / Astorg)

49

Notification of a concentration regarding the acquisition of the Fastmarkets sector of Euromoney Institutional Investor PLC by Astorg VΙΙΙ, SCSp* The Service of the Commission for the Protection of Competition has received notification of a concentration, pursuant to Section 10 of the Control of (...)

Cypriot Competition Authority The Cypriot Competition Authority is notified about a partial acquisition of a company providing private hospital services by a Greek healthcare company (Hellenic Healthcare Holding Single Member / Aretaeion Medical Center)

41

Notification of a concentration concerning the acquisition by Hellenic Healthcare Holding Single Member S.A of part of the share capital of Aretaeion Medical Center Ltd, via Hellenic Healthcare Holdings 2 (Cyprus) Ltd* The Service of the Commission for the Protection of Competition announces (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notice of a concentration concerning the merger between two Spanish hospitality companies (Internet Tourism Solutions / Hoist Group Spain)

37

The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of the share capital of Internet Tourism Solutions, S.L. by Hoist Group Spain, S.A.U.. Hoist Group Spain, S.A.U. is a company duly registered in (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notice of a concentration concerning the merger between two maritime companies (Fameline Technologies Group/ Mariapps Marine Solutions)

34

Notification of a concentration concerning the acquisition of the share capital of Fameline Technologies Group Ltd by Mariapps Marine Solutions Cyprus Ltd* The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the acquisition (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of the merger between two marine engineering and technology companies (Ensign Holdco 1 / Lloyd’s Register)

40

Notification of a concentration regarding the acquisition of the share capital of Ensign Holdco 1 Ltd by Lloyd’s Register Group Ltd* The Service of the Commission for the Protection of Competition announces that is has received a notification in relation with the acquisition of the share (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification for an acquisition of a pharmaceutical company by a Luxembourg-based investment firm (Astrong Fund VIII / Corden Pharma)

336

Notification of a concentration concerning the acquisition by Astrong Fund VIII, SCSp of the share capital of Corden Pharma Holding S.E. and Corden Pharma US Holdings, Inc.* The Service of the Commission for the Protection of Competition announces that it has received a notification of (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification for the acquisition of a hypermarket by a retailer (X.A Papaellinas Emporiki / Kostas I. Kyriakou & Yioi)

316

Notification of a concentration in relation to the acquisition by X.A papaellinas Emporiki Ltd of the activity of the hypermarket and cafi-restaurant Costas which belong to kostas I. Kyriakou & Yioi Limited* The Service of the Commission for the Protection of Competition announces that (...)

Cypriot Competition Authority The Cypriot Competition Authority imposes a fine of €271,385.11 on a pasteurized cow milk company for abuse of dominance through excessive pricing (Charalambides-Christis)

172

The Commission for the Protection of Competition imposed a fine on Charalambides-Christis Ltd amounting to €271,385.11 for infringements of article 6(1)(a) of the Protection of Competition Laws and corresponding article 102(a) of the Treaty on the Functioning of the European Union* The (...)

Cypriot Competition Authority The Cypriot Competition Authority publishes its annual report for 2020 noting particularly the introduction of a new IT system and the large number of merger cases evaluated

232

The Annual Report of the Commission for the Protection of Competition for the year 2020* The Annual Report of the Competition Commission for the year 2020 presents the work and actions of the Commission during an extremely demanding year with unprecedented changes in working conditions for the (...)

Cypriot Competition Authority The Cypriot Competition Authority receives concentration notification concerning the acquisition by a diagnostics healthcare company of a biotechnology company (Medicover Investment / NIPD Genetics)

20

Notification of a concentration concerning the acquisition by Medicover Investment B.V. of part of the share capital of NIPD Genetics Public Company Limited* The Service of the Commission for the Protection of Competition announces that it has received a notification of concentration by (...)

Cypriot Competition Authority The Cypriot Competition Authority conditionally approves the market concentration and acquisition of a LPG storage and logistics company by a LPG management and production company (VLPG / YUGEN)

149

The Commission for the Protection of Competition has decided that the concentration regarding the acquisition of the share capital of VLPG PLANT Ltd by YUGEN LIMITED (now EKO LOGISTICS Ltd) and the merged of Hellenic Petroleum S.A Group activities’ related to the storage and management of LPG (...)

Cypriot Competition Authority The Cypriot Administrative Court upholds the Competition Authority’s decision to impose a fine of €2 million for anticompetitive practices in the supply of raw cow milk (Pancyprian Organization of Cattle Farmers)

280

The Administrative Court has upheld the decision of the Commission for the Protection of Competition and the fine of €2.100.000 imposed on the Pancyprian Organization of Cattle Farmers (POCF) Public Ltd for infringements of the Protection of Competition Law of 2008.* The Administrative Court of (...)

Cypriot Competition Authority The Cypriot Administrative Court upholds the Competition Authority’s fine imposed on the national telecommunications authority for setting unfair prices (Cyprus Telecommunications Authority)

351

The Administrative Court has upheld the decision of the Commission for the Protection of Competition and the fine imposed on the Cyprus Telecommunications Authority for infringements of the Protection of Competition Law of 2008 * The Administrative Court of the Republic of Cyprus has, by its (...)

Cypriot Competition Authority The Cypriot Competition Authority decides to launch a full investigation into a merger in the market related to the storage and management of Liquefied Petroleum Gas (VLPG Plant / Yugen / Hellenic Petroleum)

149

The Commission for the Protection of Competition has decided to launch a full investigation of the merger regarding the acquisition of part of the share capital of VLPG PLANT Ltd by YUGEN LIMITED and the merger of Hellenic Petroleum S.A Group activities’ related to the storage and management of (...)

Cypriot Competition Authority The European Competition Network publishes a joint paper addressing the issue of the involvement of national competition authorities in the Digital Markets Act

197

The European Competition Network publishes a joint paper addressing the issue of the involvement of national competition authorities in the Digital Markets Act* The European Competition Network (ECN) publishes a joint paper of the heads of the national competition authorities (NCAs) of the (...)

Cypriot Competition Authority The Cypriot Competition Authority receives notification of a concentration regarding the acquisition by a mobile operations company of part of the share capital of an advertising technology company (Digital Turbine / Digital Turbine Luxemborg / Fyber)

21

Notification of a concentration regarding the acquisition by Digital Turbine, Inc. of part of the share capital of Fyber N.V., via Digital Turbine Luxembourg S.A.R.L.* DECISION SUMMARY The Commission for the Protection of Competition (hereinafter the “Commission”) received notification with (...)

Cypriot Competition Authority The Cypriot Competition Authority finds that a proposed acquisition in the banking sector does not fall under the national merger law because one party has no existing activities in the country (Bain Capital / CAC CORAL)

106

On the 10th of November 2020, the Commission for the Protection of Competition (hereinafter the “Commission”) received on behalf of Bain Capital Credit Global ICAV (hereinafter “Bain Capital”), a notification of a proposed concentration. The notification was filed according to Section 10 of the (...)

Cypriot Competition Authority The Cypriot Competition Authority initiates proceedings against national pharmaceutical association for prima facie infringements of national and EU competition laws regarding fixing of prices and other trade conditions (Cyprus Pharmaceutical Association)

160

The Commission for the Protection of Competition announces the notification of a Statement of Objections to the Cyprus Pharmaceutical Association regarding prima facie infringements of Section 3(1)(a) of the Protection of Competition Laws of 2008 and 2014 and Article 101(1) of the Treaty for (...)

Cypriot Competition Authority The Cypriot Competition Authority announces the notification of a merger in the TV and radio sectors by a group of companies in the energy sector (Alpha Satellite Television / Alpha Radio / Alpha Radio Kronos / Motor Oil Corinth Refineries / Mediamax)

64

Notification of a concentration concerning the acquisition of share capital of Alpha Satellite Television SA, Alpha Radio SA and Alpha Radio Kronos SA by Motor Oil (Hellas) Corinth Refineries SA, through Mediamax Holdings Ltd.* The Service of the Commission for the Protection of Competition (...)

Cypriot Competition Authority The Cypriot Competition Authority fines a dominant mobile telephony services provider €237.181,76 for foreclosing the ability of its competitor to offer services for 10 years (MTN Cyprus / Golden Telemedia)

127

The Commission for the Protection of Competition imposed on MTN Cyprus Limited (EPIC LTD) an administrative fine of €237.181,76 for the infringement of Section 6(1)(b) of the Protection of Competition Laws of 2008 and 2014, following an investigation of the complaint submitted by Golden (...)

Cypriot Competition Authority The Cypriot Competition Authority fines a detergent seller €3.3M for abuse of dominance and obstruction of parallel imports of its products by competitors (Κ.A.C. Constantinides Trading / GPM-Henkel)

493

The Commission for the Protection of Competition has imposed on Henkel AG & Co. KGaA, jointly and severally with GPM-Henkel Ltd, a total administrative fine amounting to €3.302.000 (three million, three hundred and two thousand euro) for infringement of Section 6(1)(b) of the Law and the (...)

Cypriot Competition Authority The Cypriot Competition Authority fines several companies for bid-rigging in the supply and transportation of ready-mix concrete market (Mattheos Ioannou Ready Mix Concrete / C. Kythreotis Skyrodema / Skyramix...)

365

The Commission for the Protection of Competition with its decision imposed on the following undertakings: 1. Mattheos Ioannou Ready Mix Concrete Ltd, 2. C.Kythreotis Skyrodema Ltd, 3. Skyramix Ltd, 4. Athinodorou & Poullas Super Beton Ltd, 5.Top Mix Concrete Ltd, 6. I & S Kritonis (...)

Cypriot Competition Authority The Cypriot Competition Authority sends a statement of objection to a community council over possible excessive pricing on the market of water supply (Community Council of Kouklia)

578

The Commission for the Protection of Competition announces that it has notified a Statement of Objections to the Community Council of Kouklia regarding a prima facie infringement of Section 6(1)(a) of the Protection of Competition Laws of 2008 and 2014.* The Commission for the Protection of (...)

Cypriot Competition Authority The Cypriot Competition Authority dismisses a claim by a shipping firm on the basis that its claim is outside of the scope of the authority’s investigation

27

Complaint filed by AGS AGROTRADING LTD against Cyprus Government through Minister of Transport, Communications and Works and DP World Limassol Limited (Reg. No. HE353625)* SUMMARY DECISION The case concerned the complaint submitted to the Commission for the Protection of Competition by AGS (...)

Cypriot Competition Authority The Cypriot Competition Authority sends a Statement of Objections to a chemical and consumer goods company suspected to have abused of its dominance (K.A.C. Constantinides Trading / GPM-Henkel)

282

The Commission for the Protection of Competition announces that it has notified Statements of Objections to Henkel AG & Co KGaA and its subsidiary GPM Henkel Ltd jointly and severally regarding a prima facie infringement of Section 6(1)(b) of the Protection of Competition Laws of 2008 and (...)

Cypriot Competition Authority The Cypriot Competition Authority fines an association of construction contractors for instructing members to boycott a tender for public repairs and landscaping (SEMEEK)

23

Complaint of the Municipality of Paphos against the Association of Contractors of Mechanical and Electrological Works of Cyprus (SEMEEK)* SUMMARY OF THE DECISION The Commission for the Protection of Competition (hereinafter the “CPC”), following the completion of a preliminary investigation and (...)

Cypriot Competition Authority The Cypriot Commission for the Protection of Competition receives notification of a proposed concentration concerning a joint-venture on the market for seismic services (CGG Holding / OOO SCF GEO)

168

Notification of concentration regarding the creation of a joint venture by the companies CGG Holding BV and OOO SCF GEO* The Service of the Commission for the Protection of Competition received on behalf of CGG Holding BV and OOO SCF GEO, a notification of a proposed concentration according (...)

Cypriot Competition Authority The Cyprus Commission for the Protection of Competition fines a company for prices below cost regarding the supply of barley for forage use (AGS Agrotrading / Cyprus Grain Commission)

79

Following the completion of the hearing process, and after taking into consideration the concerned parties’ written submissions, the CPC evaluated all the evidence before it and unanimously decided at its meeting convened on 29 March 2013, that the Cyprus Grain Commission infringed Section (...)

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