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)

Competition Authority, Cypriot

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4 Oct 2019

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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References

Cypriot Competition Authority, Κ.A.C. Constantinides Trading / GPM-Henkel, 4 October 2019 (Greek)

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

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
Commission for the Protection of Competition of the Republic of Cyprus (Nicosia)

Cyprus 12 contributions 2520 visits

Quotation

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), 4 October 2019, e-Competitions May 2020, Art. N° 95079

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