1. Background In its decision dated 23/6/2015 the Cypriot Commission for the Protection of Competition (the “CPC”) held that the operator of the Larnaca and Paphos international Airports in Cyprus, Hermes Airports Ltd, (hereafter referred as “Hermes”) violated Section 6(1)(a) of the Cyprus Law on the Protection of Competition 13 (I) 2008 (“the Law”) and the corresponding provisions of Article 102 of the Treaty on the Functioning of the European Union (“TFEU”). The CPC found that Hermes violated the competition rules by imposing unfair terms in the overall treatment of the car rental companies that wished to offer services at the Hermes-operated airports. Hermes is a private limited company jointly owned by 9 shareholders and operates exclusively in the sector of development and operating
Share on
|
|
The Cyprus Competition Authority imposes a fine of 750,000 Euro and behavioural remedies on an airport company (Hermes Airports)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
