Federal Cartel Office (Bundeskartellamt), Press release of 08 February 2007 (http://www.bundeskartellamt.de/wDeu...) [1] On 6 February 2007 the German Federal Cartel Office announced that it had imposed an administrative fine in the amount of EUR 300,000 on Rossmann, the leading German drugstore chain, for alleged sales below the purchase price. The decision is based on section 20 (4) of the German Act Against Restraints of Competition (ARC) (Gesetz gegen Wettbewerbsbeschränkungen, GWB). It prohibits enterprises with a dominant or superior market position from selling goods below the purchase price “more often than occasionally”, unless objectively justifiable grounds exist for doing so. The purpose of the provision is to protect small and medium-sized enterprises against undue
The German Bundeskartellamt fines the leading drugstore chain for selling below purchase price (Rossmann)
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.