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AMO SR initiated the administrative proceedings in the matter of possible vertical agreements

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On 11 August 2014 the Antimonopoly Office of SR, Division of Abuse of a Dominant Position and Vertical Agreements initiated the administrative proceedings in the matter of possible infringement of the Article 4 par. 1 in connection with the Article 4 par. 3 letter a) of the Act No. 136/2001 Coll. on Protection of Competition and on Amendments and Supplements to Act of the Slovak National Council No. 347/1990 Coll. on Organisation of Ministries and Other Central Bodies of State Administration of the Slovak Republic as amended and Article 101 par. 1 letter a) of the Treaty on the Functioning of the European Union in valid wording.

Administrative proceedings was preceded by the dawn raids of the premises of undertakings premises in the sector. The Office suspects that the undertaking may have infringed the Act by concluding vertical agreements with authorised dealers of motor vehicles, the content of which should be the determination of minimum resale price (so called resale price maintenance) of new passenger cars for groups of customers.

Initiation of administrative proceedings neither implies that the party concerned infringed the competition rules nor it prejudges the conclusions the Antimonopoly Office of SR may reach in its decision.