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...

Locked content Polska Grupa Lotnicza applies to UOKiK to buy PLL LOT

Polska Grupa Lotnicza filed an application to UOKiK to acquire control over Polskie Linie Lotnicze (PLL) LOT, LOT Aircraft Maintenance Services and LS Airport Services. Polska Grupa Lotnicza is a State Treasury company established to consolidate selected State Treasury assets on the aviation market....

Locked content UOKiK approves CCC deal with Adler International

Footwear retailer CCC received UOKiK approval for acquiring part of Adler International’s business, including stores selling footwear marked with the CCC logo. The deal value is PLN 68.5 million. In April CCC signed a conditional agreement with Adler International to buy 41 stores, out of which four...