The Cypriot Commission for Protection of Competition imposes an administrative fine for a sudden and unjustified termination of a long-term financial relationship (Fereos)

The Commission for the Protection of Competition, with its decision no. 09/2013, imposed on Fereos Ltd an administrative fine amounting to €204.575 regarding the infringement of section 6(2) of the Protection of Competition Law (L.13(I)/2008) in relation to the examination of the complaint filed by Andros Kiosk Ltd against Fereos Ltd. * The Commission for the Protection of Competition (hereinafter the “CPC”), at its meeting convened on 15 February 2013, evaluated all the evidence before it and unanimously decided that an infringement of section 6(2) of the Protection of Competition Law (L. 13(I)/2008) (hereinafter the “Law”) was

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  • Commission for the Protection of Competition of the Republic of Cyprus (Nycosia)

Quotation

Costakis Christoforou, The Cypriot Commission for Protection of Competition imposes an administrative fine for a sudden and unjustified termination of a long-term financial relationship (Fereos), 16 April 2013, e-Competitions Bulletin April 2013, Art. N° 56997

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