The Serbian Competition Authority finds abuse of a dominant position in the market of fast money transfer services (Western Union)

On January 12, 2010, the Serbian Competition Authority (Komisija za zastitu konkurencije) adopted a decision against companies EKI Transfers and Tenfore, both Western Union's Serbian agents, for the abuse of a dominant position on the relevant market of fast money transfer services in Serbia. The Competition Authority determined that EKI Transfers and Tenfore abused their dominant position by concluding exclusive cooperation agreements with 24 banks, thereby eliminating competition and creating barriers to entry. The Competition Authority ordered EKI Transfers and Tenfore to conclude annexes to these cooperation

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Auteur

  • University of Belgrade

Citation

Dusan Popovic, The Serbian Competition Authority finds abuse of a dominant position in the market of fast money transfer services (Western Union), 12 janvier 2010, e-Competitions January 2010, Art. N° 30439

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