Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Bakery cartel gets monopoly fine

THE SLOVAK Anti-monopoly Bureau (PMÚ) has slapped a fine of Sk37.294 million (€1.1 million) on three bakeries for co-ordinating and setting the prices of fresh baked goods.

The PMÚ department in charge of agreements limiting competition found the price-setting lasted from October 2005 to April 2006, PMÚ spokesperson Alexandra Bernáthová told the TASR newswire.

The PMÚ found that Penam Slovakia, M-Market and Super Pek conspired to fix prices in small retail chains in violation of the principles of economic competition.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.