The Hellenic Competition Authority decides that companies in the wholesale and retail cosmetics sector colluded on the prices (Notos / Hondos)

Collusion between cosmetics retailers (HCC 636/2017 and 645/2017) The first decision issued by HCC under its new settlement procedure [1] concerns a case which dates back to the second of two complaints lodged by NOTOS (wholesaler and retailer of cosmetics) in 2006 against a number of wholesale and retail players in the cosmetics sector. In July 2016, an HCC Rapporteur notified nine companies, belonging to the HONDOS CENTER franchise [2] with a statement of objections (SO) alleging the conclusion of horizontal price-fixing agreements between them [3]. Eight companies participated in the settlement procedure (HCC 636/2017, issued in February 2017), and the ninth followed the standard hearing procedure (HCC 645/2017, issued in August 2017). In the settlement procedure, the eight

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Kyriakides Georgopoulos Law Firm (Athens)

Quotation

Anastasia Dritsa, The Hellenic Competition Authority decides that companies in the wholesale and retail cosmetics sector colluded on the prices (Notos / Hondos), 5 April 2017, e-Competitions April 2017, Art. N° 99443

Visites 9

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues