Thursday, 06 April 2017 14:04

Decision 646/2017

Decision on the ex-officio investigation of the General-Directorate for Competition in the relevant market of cosmetics of high quality and price, following complaints of the company "NOTOS COM HOLDINGS S.A." for possible violation of Articles 1 and 2 of the Greek law 703/77 (Articles 1 and 2 of Greek Competition Act 3959/2011, as in force) regarding the wholesale sector.

Decision

 646/2017
File (PDF) Decision 646/2017
Date of Publication of Decision April 6th 2017
Issue Number of Government Bulletin  
Relevant Market High Quality and Price Cosmetic Products
Proceedings Collusion
Legal Framework Article 1 of the Greek Competition Act 3959/2011
Decision Decision finding an infringement
Complainant Ex officio investigation
Respondent

1. ESTEE LAUDER HELLAS S.A.

2. GR. SARANTIS S.A.

3. L'OREAL PRODUCTS DE LUXE HELLAS S.A.

4. PARFUMS CHRISTIAN DIOR HELLAS S.A.

5. NOTOS COM HOLDINGS S.A.

6. GEROLIMATOS COSMETICS S.A.

Summary of Decision Following an ex-officio investigation, the Plenary Session of the Competition Commission, decided by a majority in terms of the number of companies involved, that the wholesale companies of cosmetics of high quality and price, i.e. ESTEE LAUDER HELLAS S.A., GR.SARANTIS S.A., L'OREAL PRODUITS DE LUXE HELLAS S.A., PARFUMS CHRISTIAN DIOR HELLAS S.A., NOTOS COM HOLDINGS S.A., GEROLYMATOS COSMETICS S.A., participated, in violation of article 1 of law 703/77, as in force, and article 81 EEC (now 101 TFEU) in a prohibited horizontal agreement for the determination of discounts resulting in the indirect determination of the range of retail prices.

It imposed fines on them as follows: 1) in ESTEE LAUDER HELLAS SA five million three hundred eighty eight thousand four hundred twenty-five euros and 35 cents (5,388,425, 35 euros), 2) in GR.SARANTIS S.A. one million nine hundred thirty-nine thousand eight hundred forty-nine euros and 41 cents (1,939,849, 41 euros), 3) in L'OREAL PRODUITS DE LUXE HELLAS S.A. two million six hundred twenty-four thousand one hundred forty-five euros and 30 cents (2,624,145, 30 euros), 4) in PARFUMS CHRISTIAN DIOR HELLAS S.A.: one million seven hundred ninety three thousand three hundred seventy four euros and 98 cents (1,793,374, 98 euros), 5) in NOTOS COM HOLDINGS S.A. four million ninety three thousand two hundred sixty euros and 42 cents (4,093,260, 42 euros) and 6) in GEROLYMATOS COSMETICS S.A. two million nine hundred ninety-nine thousand eight hundred seventy-eight euros and 70 cents (2,999,878, 70 euros).

Also, with its decision, the Competition Commission obliged the above companies to put in an end the above-mentioned violation, and to omit it in the future with the threat of a fine of ten thousand (10,000) EURO for each of them for each day of delay of compliance, from the day after notification of the decision and thereafter.

Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens(Administrative Division) -
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