The Cyprus Competition Authority fines an undertaking for abusing its dominant position in the market of producing and presenting theatrical performances (CPC / THOC)

Introduction On 27th August 2019 the Cyprus Commission for the Protection of Competition (“CPC”) issued a decision imposing a fine of €342,221.35 to the Cyprus Theatre Organisation (“THOC”) for a violation of Section 6(1) of the Protection of Competition Law (Law 13(I)/2008), as amended (“Law”). The said violation was founded on THOC’s decisions regarding the level of funding granted to its direct competitors in the market of producing and presenting theatrical performances. According to the CPC’s decision, THOC has abused its competence concerning the approval and apportionment of state funding to private theatres, which in essence determined the ability of its rivals to compete with it. Moreover, in exercising the aforesaid competence THOC has obtained confidential information regarding

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Panayiotis Agisilaou, Stephanie Theodotou, The Cyprus Competition Authority fines an undertaking for abusing its dominant position in the market of producing and presenting theatrical performances (CPC / THOC), 27 August 2019, e-Competitions August 2019, Art. N° 92909

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