Activities

The main mission of the Antimonopoly Office of the Slovak Republic is to protect and promote competition and create conditions for its development. Competition between undertakings is an essential mechanism of the market economy – it drives innovations, reduces production costs and increases efficiency of the whole economy. Undertakings driven by competitors endeavour to offer quality products at lower prices. To make competition work properly, competition law prohibits practices restricting competition. The role of the Office is to intervene against the prohibited practices, control the market structure and to act to create favourable competitive conditions. For this purpose the Office assesses:
  • agreements between undertakings restricting competition. Cartels and other unfair arrangements between undertakings are usually aimed at lessening of competition and subsequent price increase;
     
  • abuse of a dominant position. The Office controls whether dominant undertakings do not abuse their market power, especially the cases when the undertakings strive to exclude their rivals from the market;
     
  • mergers. Through the merger control the Office examines the impact of large transactions on the market structures. Merger control is a preventive measure used by the Office;
     
  • the action of bodies of state administration and self-administration. The Office is entitled to sanction the bodies of state administration or local self-administration if they give advantage to certain undertakings or otherwise restrict competition.
The Office decides on competition law infringements in an administrative proceeding, which ends with adoption of a decision. For violation of the law the Office shall impose on an undertaking a fine of up to 10% of its turnover for the preceding closed accounting period. The fine may be imposed repeatedly. The Office may also decide on imposing an obligation to refrain from illegal conduct and remedy unlawful state of affairs.

The Antimonopoly Office of the Slovak Republic endeavours to enhance competition and remove potential barriers to effective competition not only by its enforcement decisions but also by other activities. For this purpose it:
  • preventively effects on policies having impact on competition (for example by its opinions and comments on draft law and other materials in the interministry comment procedure);
     
  • promotes competition protection principles through various materials, sector inquiries and analyses, seminars, conferences, public debates and lectures;
     
  • represents the Slovak Republic in international negotiations and fora in the field of competition. It is active in working groups of the European Competition Network (ECN), the Organization for Economic Cooperation and Development (OECD), it participates in the activities of the International Competition Network (ICN), the European Competition Authorities (ECA) and establishes bilateral relations with foreign competition authorities and experts in this field;
     
  • proposes various measures to protect and promote competition.
     
Last update: 01.12.2013