The Cypriot Competition Authority finds CPPLCV has not abused its dominant position by way of unfair pricing of grey cement

The facts Upon a Ministerial Decree effective as from May 2004, the cement market in Cyprus was liberalized, in the sense that the sale prices of cement were no longer directly established by the State through means of Ministerial Decrees. CPPLCV, and the other cement producer in Cyprus, the Cypriot Cooperation of Cement Limited, announced with a four day difference an increase in the prices of cement, both effective from the 17th of May 2004. The Commission for the Protection of Competition (hereinafter: the “Commission”) ex officio conducted a market investigation to see whether the law for the protection of competition was infringed by both or each cement producer either as a cooperation between undertakings or as an abuse of dominant position. The Legal analysisThe Relevant Product

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Nikoleta Giannouli, The Cypriot Competition Authority finds CPPLCV has not abused its dominant position by way of unfair pricing of grey cement, 30 April 2006, e-Competitions Bulletin April 2006, Art. N° 20876

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