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AMO SR initiated the administrative proceedings in the matter of a possible agreement restricting competition in the sale of children's goods

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On 25 January 2019 the Antimonopoly Office of the Slovak Republic, the Division of Abuse of Dominant Position and Vertical Agreements, (hereafter "the Office"), based on its own initiative, initiated the administrative proceedings in the matter of a possible agreement restricting competition according to the Article 4 Paragrapf 1 in connection with the Article 4 Paragraph 4 Letter a) of the Act on Protection of Competition (hereafter "the Act") and the Article 101 Paragraph 1 Letter a) of the Treaty on the Functioning of the European Union in the field of selling children's goods.
 
On the basis of the investigation conducted, the Office obtained information and documentation suggesting that a vertical agreement restricting competition could have been applied in the field concerned. This agreement could concern determining prices for further sale - the resale price maintenance, RPM.
 
According to the Article 38 Paragraph 1 of the Act, for the breach of the prohibition of an agreement restricting competition the Office may impose the fine on the undertaking of up to 10 % of the turnover reached for the previous accounting period according to the Article 3 Paragraph 5 of the Act.
 
The initiation of the administrative proceedings does not imply that the party to the proceedings infringed the competition rules nor does it prejudge the conclusions, which the Office may come to in its decision.