The Cypriot Competition Authority fines detergent seller €3.3M for abuse of dominance and obstruction of parallel imports of its products by competitors (Κ.A.C. Constantinides Trading / GPM-Henkel)

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Cypriot Competition Authority, Κ.A.C. Constantinides Trading / GPM-Henkel, Press release, 22 May 2020

Cypriot Competition Authority, Κ.A.C. Constantinides Trading / GPM-Henkel, 22 May 2020 (Greek)

The Commission for the Protection of Competition has imposed on Henkel AG & Co. KGaA, jointly and severally with GPM-Henkel Ltd, a total administrative fine amounting to €3.302.000 (three million, three hundred and two thousand euro) for infringement of Section 6(1)(b) of the Law and the corresponding Article 102 (b) of the TFEU.* The Commission for the Protection of Competition (hereinafter the “CPC”), issued the decision no: 53/2019, following a complaint lodged by K.A.C. Constantinides Trading Ltd (hereinafter “K.A.C”.) against GPM-Henkel Ltd (hereinafter “GPM-Henkel”). K.A.C is active in the parallel import of Henkel products in Cyprus. The allegations in the complaint focused on GPM-Henkel's actions that aimed at preventing retailers from buying parallel import products, which led

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Cypriot Competition Authority, The Cypriot Competition Authority fines detergent seller €3.3M for abuse of dominance and obstruction of parallel imports of its products by competitors (Κ.A.C. Constantinides Trading / GPM-Henkel), 22 May 2020, e-Competitions May 2020, Art. N° 95079

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