The Slovenian Competition Authority declares null and void decisions of four major banks introducing a new ATM fee (Nova Ljubljanska banka, Banka Celje, Nova KBM, Abaka Vipa)

This case started in May 2006, when the Slovenian Competition Authority on the basis of information from the media and its statutory duty started the proceedings on finding whether decisions of four major Slovenian banks on introduction of new ATM fee for withdrawing cash to their retail customers, represents restrictive agreement in the sense of Article 5 in connections with Article 3 of the Slovenian Prevention of the Restriction of Competition Act (“the Competition Act”). It has to be noted that Article 5 of the Competition Act mirrors Article 81 of the EC Treaty. The parties The parties of the subject proceeding are four major Slovenian domestic banks: Nova Ljubljanska banka d.d., Banka Celje d.d., Nova KBM d.d. and Abaka Vipa d.d. (“the Banks”), with combined market share of

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  • Fatur Law Firm (Ljubljana)

Quotation

Andrej Fatur, The Slovenian Competition Authority declares null and void decisions of four major banks introducing a new ATM fee (Nova Ljubljanska banka, Banka Celje, Nova KBM, Abaka Vipa), 26 February 2007, e-Competitions Bulletin February 2007, Art. N° 14069

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