Chairman Pecina cuts cartel fine for Czech bakeries to 52.8m CZK
Mr. Pecina stated in his decision that the Office had assessed the seriousness of the offence correctly at first, but it had made a wrong decision concerning the duration of the offence.
Penam is a unit of Czech Agrofert Holding. The foreign owners of Delta and Odkolek, United Bakeries Luxembourg and Bakeries International Luxembourg, merged this year.
The Office suspected that the largest players on the market for baker's products had agreed on a leap growth in prices by some 20 percent after prices had been stagnant for seven years.
At first, the bakeries were ordered to pay fines amounting in total to 120 million CZK. But all three companies filed an appeal, saying they had reacted to a sharp growth in wheat prices, and the Office then cut the fine to 66 million CZK.
Press and personnel department2024-04-18 / Sector Inquiry on Waste Management The Office for the Protection of Competition (the Office) has initiated a large-scale sector inquiry focused on waste management. Over the next two years, the Office shall obtain information from all...
2024-04-09 / Zásilkovna will share pick-up points thanks to the intervention of the Office, more options for consumers The Office for the Protection of Competition (“the Office”) accepted commitments from an undertaking Zásilkovna s.r.o. consisting of an amendment to the contractual terms and conditions concluded...
2024-04-05 / Fine of CZK 8 million for Another Pet Food Distributor Forbiding Lower Prices By the first-instance decision, the Office for the Protection of Competition (“the Office”) imposed a fine of CZK 8,656,000 on the undertaking Dibaq a.s. for entering into prohibited agreements on...
2024-04-03 / The Office Imposed a Fine of CZK 72 million on Distributor of Moulinex, Rowenta, Krups and Tefal Products The Office for the Protection of Competition (hereinafter referred to as “the Office”) imposed a fine of CZK 72 333 000 on the undertaking Groupe SEB ČR s.r.o. for prohibited agreements on resale...
2024-02-13 / The Office Imposed a Record Fine of CZK 125 million on ELECTROLUX for Anticompetitive Conduct The Office for the Protection of Competition (hereinafter referred to as “the Office”) punished the undertaking ELECTROLUX, by imposing a fine of CZK 125 404 000 for long-term anticompetitive conduct...
2024-01-19 / The Office Will Share Its Experience Using the DATACROS Tool The results of the Datacros II project, which focuses on investigating corruption, organised and financial crime using innovative techniques, will be presented on Tuesday 30 January 2024 through a public...
2024-01-16 / The Office presented a number of possibble legislative proposals to support Efficient competition The Office for the Protection of Competition drafted a proposal of possible legislative changes. The purpose of such amendments is to increase the effectiveness of the Office, in particular the detection...
2023-11-23 / Economic Experts Shared Their Knowledge with the Employees of the Office for the Protection of Competition Last week, the Office for the Protection of Competition (hereinafter referred to as "the Office") organised a lecture on competition economics within the framework of improving the qualification and...
