President vetoed an amendment of the competition law
The amendment was intended to stop some practices used by large retail chains, particularly abusing of so-called economic dependancy. In the law’s first draft, this definition included situations when a larger company forced another smaller business to pay money in advance, or to provide advertisement for the larger partner.
But the meaning was modified by amendments after the first and second reading. Finally, economic dependency was defined as a purchasing company accepting goods or services from suppliers on conditions not suitable to the suppliers.
„The buyer is given no instrument to see what is or isn’t suitable for the supplier, so it can easily be abused,” commented Martin Pecina, the Chairman of the Office for the Protection of Economic Competition. The Office supported the modification of the competition law in the beginning, but changed its position after the results of the parliamentary interventions.
Press and personnel department
2024-04-23 / EP ENERGY TRADING Infringed Competition Act by Early Implementation of Merger With Gazela Energy The Office for the Protection of Competition (the Office) imposed a fine of CZK 18,840,000 on the undertaking EP ENERGY TRADING. for concluding a concentration between undertakings prior to the notification...
2024-04-18 / 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...
