Nearly 500 million CZK fine for building savings companies
Six companies were imposed an overall fine in total amount of almost 500 million Czech crowns. The decision of the Office has not come into force yet. The appeal period currently in progress does not allow provision of further information. The Office does not comment in detail on decisions which have not come into force.
Press and Information Department
2024-10-16 / The Office is Conducting a Dawn Raid at the Premises of the Undertaking Seznam.cz Following numerous media inquiries, we confirm that the Office for the Protection of Competition (hereinafter referred to as “the Office“) is conducting an unannounced inspection of Seznam.cz
2024-10-01 / Merger of PPF Group and Nordic Telecom May Take Place Subject to Commitments The Office for the Protection of Competition has cleared the merger by its final decision, as a result of which PPF TMT Holdco 2 B.V. may acquire, through O2 Czech Republic a.s., sole control over Nordic...
2024-09-16 / The 2024 St. Martin's Conference Program Will Offer a new Competition Tool and Private Enforcement The Office for the Protection of Competition (hereinafter referred to as "the Office") is preparing the 17th annual St. Martin Conference on trends, news and hot topics in the field of competition. The...
2024-07-11 / English Version of Annual Report 2023 published The Office for the Protection of Competition presents the English version of its annual report for the year 2023, summarising the results of its activities in all areas of its competence, i.e., in the...
2024-06-19 / Office for the Protection of Competition Cooperates with European Public Prosecutor's Office Today in Luxembourg, Mr Petr Mlsna, the Chairman of the Office for the Protection of Competition, signed an agreement with the European chief prosecutor, Ms Laura Codruţa Kövesi, on cooperation between...
2024-05-09 / The Office Revealed and Punished Another Cartel Agreement between Construction Companies The Office for the Protection of Competition imposed fines totalling CZK 7,442,000 on the construction companies B.H.S. BOHEMIA, a.s., SEŽEV facility s.r.o., COMMODUM, spol. s r.o. and Hroší stavby...
2024-04-23 / EP ENERGY TRADING Infringed Competition Act by Early Implementation of Merger With Gazela Energy The Office for the Protection of Competition (the Office) imposed a fine of CZK 18,840,000 on the undertaking EP ENERGY TRADING. for concluding a concentration between undertakings prior to the notification...
2024-04-18 / Sector Inquiry on Waste Management The Office for the Protection of Competition (the Office) has initiated a large-scale sector inquiry focused on waste management. Over the next two years, the Office shall obtain information from all...
