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.

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

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava