The Czech Office for the Protection of Competition fines supermarket chain company for not implementing the remedies agreed in a merger case (REWE / Plus Discount)

Subject matter of the case The Office for Protection of Competition (the “Office”) imposed a fine of CZK 24,890,000 (approx. EUR 983,000) on REWE Zentralfinanz eG (“REWE”) for non-compliance with the remedies imposed in merger control proceedings regarding the merger of REWE and PLUS-DISCOUNT spol. s.r.o. (“PLUS DISCOUNT”) (together the “Parties”), the companies who run the food stores chains Billa and Penny Market (REWE) and Plus (PLUS-DISCOUNT spol. s.r.o.) (the “Merger”). Given the fact that the EU notification thresholds were met, in May 2008 the Merger was notified to the European Commission (“Commission”). In accordance with Art. 19, paragraph 1 of EC Regulation no 139/2004 on the Control of Concentrations between Undertakings (“Merger Control Regulation”) the Commission informed the

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Author

  • Vilímková Dudák (Prague)

Quotation

Karel Svoboda, The Czech Office for the Protection of Competition fines supermarket chain company for not implementing the remedies agreed in a merger case (REWE / Plus Discount), 11 February 2013, e-Competitions February 2013, Art. N° 51081

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