Locked content Eurocash’ Partner takeover under UOKiK scrutiny

The antitrust watchdog UOKiK has sent the WSE-listed retailer Eurocash motion to takeover peer Partner to the second phase of the proceedings, reserved for more complicated cases. UOKiK wants to conduct, among others, market analysis. The watchdog plans to check whether the activities of individual ...

Locked content Deutsche Bank Polska will return account fees – UOKiK

Deutsche Bank Polska will pay back fees for accounts related to mortgage credits to current and former clients, Polish antitrust watchdog UOKiK informed. The measure will allow the bank to avoid financial penalty. UOKiK started proceedings against Deutsche Bank Polska in May 2017. The watchdog said ...

Locked content UOKiK orders banks to settle accounts with clients

Seven Polish banks incorrectly reported changes in feesto their clients, antitrust watchdog UOKiK informed. The banks are Alior Bank, Bank Millennium, BZ WBK, Deutsche Bank, Idea Bank, Pekao SA, and Plus Bank. They will have to settle accounts with clients or make some services available for free. U...

Locked content UOKiK finds irregularities in goods for children

Trade inspectors have found irregularities in 35 percent of cribs, cradles, playpens and baby carriers for little children. The control was carried out at the request of UOKiK. The inspectors checked 343 product lots and questioned 118. The irregularities include lack of support for the baby’s...

Locked content UOKiK initiates proceedings against Poczta Polska

The antitrust watchdog UOKiK initiated proceedings against Poczta Polska, UOKiK stated.  UOKiK will investigate whether Poczta Polska uses its position to eliminate competitors from the market. Doubts arise from the terms and conditions of the contracts concluded by Poczta Polska with contractors wh...

No collusion over car insurance increase – UOKiK

The Office of Competition and Consumer Protection (UOKiK) has concluded that there was no illegal activity in relation to the increase in motor liability insurance prices. The increases resulted from the growing operating costs and deteriorating financial results of insurance companies, the study fo...

Locked content UOKiK wants banks to offer fixed-rate mortgages

The antitrust watchdog UOKiK said that it expects banks to introduce fixed-rate mortgage loans, which according to the office “offer better protection for the consumer during the long-term loan agreement and ensuring the stability of the financial sector in Poland.” “We are concerned about two thing...