LEGAL ALERT - Price-fixing Cartel
We kindly invite you to read another LEGAL ALERT, in which the lawyers from SDZLEGAL SCHINDHELM – Konrad Schampera, Managing Partner, and Jarosław Fidala, Associate, comment on the last decision of the German Antimonopoly Office, by which 21 entrepreneurs, and 33 physical persons were fined with financial penalties in the total amount of approx. 338 million euros for the price-fixing cartel.
The alert takes into account a significant, larger context of the decision in question, which is related with the fact, that on 18 January 2015 the new regulations of the competition law shall come into force in Poland. According to those regulations, Polish antimonopoly office shall be authorized to fine physical persons, who were or are managing entrepreneurs with a financial penalty of up to PLN 2,000,000 for the anticompetitive agreements.