Concerted practices of banks were not proved
Following complaints from citizens and the consumer association SOS regarding mostly to increase of fees for banking services, the Office launched the legal proceeding on 12th May 2005. The Office has proved in its investigation, that there were frequent contacts among the parties to the proceeding. However, the Office hasn´t found the parties have entered into prohibited agreement or concerted practices in connection with the level of fees for current account services. Furthermore, the Office could not stated, that increase of fees and profits of the banks is not the result of their independent business policy. Finally, an abuse of collective dominance was not proved pursuant to criteria of European Court of Justice.
Press and Personnel Department
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