Thursday, 20 June 2024

Press Release – Fine  imposed on an undertaking active in the market of large/white domestic electric appliances, following decision adopted under the Settlement Procedure (SP)

Subject: Decision imposing a fine on an undertaking active in the market of large/white domestic electric appliances following a decision adopted under the Settlement Procedure (SP). 

By Decision no 849/2024, adopted  in the context of the Settlement Procedure laid down in Article 29A of Law 3959/2011 and according to Decision no 790/2022, the Hellenic Competition Commission (HCC) accepted the settlement proposal submitted by “MIELE HELLAS’’ and imposed a reduced fine amounting to €46.160 for the infringement of Articles 1 of Law 3959/2011 and 101 TFEU. , 

The case  concerned the import, wholesale and retail markets of large/white domestic electrical appliances. MIELE HELLAS, for which sufficient evidence was collected allowing to establish an infringement of Article 1 of Law 3959/2011 and 101 TFEU in the context of a vertical agreement submitted a t request for placement in the Settlement Procedure, in accordance with para. 16 of HCC Decision No. 790/2022.

Τhe evidence available demonstrates that the above mentioned undertaking infringed Articles 1 of Law 3959/2011 and 101 TFEU by engaging in the practice of resale price maintenance to which retail stores complied at a significant degree. The ensuing infringement of Αrticles 1(1) of Law 3959/2011 and 101(1) TFEU lasted from 17.07.2021 to 24.06.2022. Furthermore, it is noted that such vertical agreements constitute by object restrictions of competition.

By virtue of para. 39 of ΗCC Decision Νo. 790/2022, the Plenary of the HCC accepted the Settlement Proposal submitted by the above-mentioned undertaking, according to the reasoning of the Statement of Objections, and decided as follows:

Finds that “MIELE HELLAS’’ infringed Articles 1 of Law 3959/2011 and 101 TFEU due to its participation in prohibited vertical agreements through the practices outlined in the Statement of Objections, in the context of the Settlement Procedure.

Orders the above-mentioned undertaking to cease, if it has not already done so, and refrain in the future from the infringements of Articles 1 of Law 3959/2011 and 101 TFEU found.

Imposes on the undertaking the above-mentioned fine for committing the established infringement of Articles 1 of Law 3959/2011 and 101 TFEU.

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