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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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 (...)
165
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 (...)
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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 (...)
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Notification of a concentration concerning the acquisition by DeLaval Holding BV of the share capital of subsidiaries of Avon Rubber p.l.c., which constitute its dairy business* The Service of the Commission for the Protection of Competition has received a notification of a concentration by (...)
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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 (...)
54
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 (...)
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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 (...)
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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 (...)
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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 (...)
573
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 (...)
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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 (...)
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The Commission for the Protection of Competition with its decision no. 6/2016 dated 27/01/2016 imposed on JCC Payment Systems Limited, Bank of Cyprus Public Company Ltd, Marfin Popular Bank Public Co Ltd, Hellenic Bank Public, USB Bank Plc, Alpha Bank Cyprus Ltd, Emporiki Bank of Cyprus Ltd, (...)
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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 (...)
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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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