The Slovak Supreme Court upholds competition authority’s decision in banking cartel case (Slovenská sporiteľňa, Všeobecná úverová banka)

Slovakia: The Supreme Court upholds Authority’s Decision in Banking Cartel Case* On 21 and 22 May 2013, the Supreme Court of the Slovak Republic (Supreme Court) upheld a decision of the Antimonopoly Office of the Slovak Republic (the Office) in a case concerning a banking cartel, vis-à-vis two of the banks involved – Slovenská sporiteľňa, a. s. (SLSP) and Všeobecná úverová Banka, a. s. (VUB). In doing so, the Supreme Court following a preliminary ruling of the Court of Justice of the European Union (ECJ), annuls the decision of the Regional Court Bratislava (RC BA). As to the proceedings concerning the third bank (CSOB), they are pending before the Office following the annulation of its decision by the Supreme

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European Competition Network Brief, The Slovak Supreme Court upholds competition authority’s decision in banking cartel case (Slovenská sporiteľňa, Všeobecná úverová banka), 22 May 2013, e-Competitions Bulletin May 2013, Art. N° 53342

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