The Czech NCA imposes a negligible fine against an eight-year long failure to notify a concentration (KHTG)

By its decision of 15 January 2013, the Czech Office for the Protection of Competition fined KAREL HOLOUBEK – Trade Group a.s. (“KHTG”), a Czech company active mainly in coal trade, for failing to notify its control of a majority shareholding in Karlovarská teplárenská a.s. (“KT”), a municipal heating plant located in Karlovy Vary. The fine, imposed under the settlement procedure, amounts to CZK 530,000 (EUR 20,000 approx). The decision has not been challenged and is, therefore, final. In December 2010, KHTG notified to the Office an agreement under which it was to enter into a long-term lease of the production assets of KT. While investigating the notified transaction, which was cleared without

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteur

  • Czech Ministry of Justice (Prague)

Citation

Jan Převrátil, The Czech NCA imposes a negligible fine against an eight-year long failure to notify a concentration (KHTG), 15 janvier 2013, e-Competitions January 2013, Art. N° 51801

Visites 109

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues