Spectator on facebook

Spectator on facebook

PMÚ uncovers vertical agreement for trade in dairy products

Aggregate fine of €10 million imposed on nine businesses.

(Source: Sme)

The Anti-monopoly Office (PMÚ) has uncovered an unlawful vertical agreement for the sale of milk and dairy products. Nine businesses engaged in the supply and retail sale of dairy products have been given an aggregate fine of almost €10 million. This is a first-instance verdict which those involved can challenge, Adriana Oľšanská, spokesperson of PMÚ announced on July 7 as cited by the SITA newswire. 

On the basis of inspections and checks PMÚ has come to a preliminary conclusion that an important supplier of dairy products and important retailers may have violated the law.

“Those involved might have violated the law by clinching verbal agreements with each other while their joint goal should have been resale price management between the years 2009 and 2014,” said Oľšanská.

This is a type of vertical agreement, within which the supplier of goods sets prices or other conditions under which the buyer can sell the goods or services to the end consumer. In this way it influences the independence of a retail seller to set the prices for which they will sell the goods or services.

As a consequence PMÚ believes that retail sellers of final products did not operate in the market independently. 

One of the fined entities admitted voluntarily to the deed and took responsibility for it. As a consequence their fine was halved.

Top stories

Camping in a tree? Try it in Bratislava

A creaking wooden floor and the wind swaying the branches of trees around you. Have you ever wondered how it would feel to spend a night in a tree house?

The tree-house at Kačín

Bratislava’s main railway station is getting a face lift

The derelict station still has to wait for its complete rebuild though.

The main railway station in Bratislava.

Wizz Air: Luggage changes have to wait until we train our staff

Clients of the Wizz Air airline will no longer have to pay for bigger hand luggage with a new service to be launched in late October.

Highways do not solve problems in hunger valleys

Recent analysis says that districts also need quality human capital, but the transport minister questions the results.

D1 highway, illutsrative stock photo