Press releases - Competition

2006-09-21 / Securities Centre abused dominant position The Office for the Protection of Competition imposed an effective fine amounting to 300,000 CZK on Securities Centre of the Czech Republic (hereinafter referred to as “the Centre”) for abuse of dominant position

2006-09-21 / Exemption for Insurance pool prolonged The Chairman of the Office for the Protection of Competition Josef Bednář issued a second-instance decision concerning prolongation of exemption from the prohibition of agreements distorting competition for a so called pool of insurance companies

2006-09-21 / Cartel agreement of cattle breeding comopanies The Chairman of the Office for the Protection of Competition (hereinafter “the Office”) imposed in his second stage decision a fine in total amount of CZK 2 570 000 for conclusion of a cartel agreement on prices concerning insemination doses of breeding bulls, among eight breeding undertakings operating...

2006-09-21 / Concentration of Generali and Zürich The Office for the Protection of Competition (hereinafter “the Office”) issued on 26 September 2002 a decision, by which it approved the concentration of insurance companies Generali and Zűrich

2006-09-21 / Agrofert is allowed to acquire Unipetrol The Office for the Protection of Competition (hereinafter as “the Office”) in its decision of 4 September 2002 conditionally approved the concentration of Agrofert Holding and Unipetrol.

2006-09-21 / Abuse of dominant position of Eurotel and RadioMobil The Office for the Protection of Competition (hereinafter “the Office”) confirmed the fines imposed on company Eurotel Praha, spol. s.r.o., amounting to CZK 48 million and company RadioMobil a.s., amounting to CZK 15 million in its second instance decisions of 9 May 2002, following its first instance verdicts...

2006-09-21 / Merger KMV/Poděbradka/Hanácká kyselka disapproved The Office for the Protection of Competition (hereinafter also “the Office”) repeatedly rejected, by the means of its decision of 6 March 2002, the concentration prepared on the market of mineral waters, thereby confirming the conclusions of its first instance decision of September of the preceding year

2006-09-21 / Merger RWE/Transgas authorised The Office for the Protection of Competition in its decision of 2 May 2002 conditionally approved the concentration of RWE Gas AG with the company Transgas and eight gas distribution companies

2006-09-20 / Merger Komerční banka/Modrá pyramida approved Czech Office for The Protection of Competition (UOHS) has allowed Czech bank Komerční banka (unit of Societe Generale) to raise its stake in building society Modrá pyramida stavební spořitelna to 80 from 40 percent

2006-09-20 / Acquisition of eBanka by Raiffeisen Bank approved The Office for the Protection of Competition has approved the acquisition of eBanka by Austrian Raiffeisen International Bank Holding

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