Locked content Emperia takeover stalled by UOKiK

The antitrust watchdog UOKiK launched the second stage of its proceedings into the potential takeover of WSE-listed retailer Emperia by Lithuanian Maxima Grupe. Such phase is reserved for more complicated cases. UOKiK wants to conduct, among others, market analysis. Back in November, Maxima Grupa la...

Locked content UOKiK fines Bank Millennium

WSE-listed Bank Millennium has been slapped with a PLN 20.7 million fine by the antitrust watchdog UOKiK for “misleading its clients.” According to UOKiK the bank claimed that its abusive clauses put in the contracts and were on the public list of banned provisions were not a good enough reason to c...

Locked content UOKiK greenlights Robyg takeover

Antitrust watchdog UOKiK approved the takeover of the WSE-listed real estate developer Robyg by Bricks Acquisition Limited, a unit of Goldman Sachs, the company said in a market filing. Bricks announced a tender offer for 100 percent of Robyg shares (289 million) at PLN 3.55 apiece. The offer will g...

Locked content Famur gets UOKiK approval to set up SPV with PFR

WSE-listed mining machinery producer Famur got the approval from the antitrust watchdog UOKiK, regarding setting up a Mining Equipment Finance SPV with state-run Polish Development Fund PFR. Back in November, both sides signed a deal, according to which they will put PLN 150 million each into the co...

Locked content UOKiK fines Pfleiderer PLN 36 mln for cartel pricing

WSE-listed chipboard producer Pfleiderer’s two subsidiaries have been fined PLN 35.76 million by the antitrust watchdog UOKiK as part of its PLN 135 million fines for cartel pricing in the sector. In total, five companies, within three capital groups were fined, they include: Pfleiderer Group, Pflei...

Locked content Pfleiderer may face a significant fine for breaking competition laws

WSE-listed chipboard producer Pfleiderer may face a fine of up to 10 percent of its revenues as a result of a collusion investigation run by antitrust watchdog UOKiK, Pfleiderer said in a market filing. The alleged collusion concerns an agreement on price fixing and exchange of commercial informatio...

Locked content Benefit acquisition deal under UOKiK scrutiny

WSE-listed employee benefits program operator Benefit Systems deal to purchase Calypso Fitness has raised objections from the antitrust watchdog UOKiK, which is worried that it could limit competition in the markets of sports and recreational packages offered to employers and provide access to sport...

Locked content Aflofarm with PLN 26 mln fine from UOKiK

Antitrust watchdog UOKiK has slapped a PLN 26 million fine on pharma producer Aflofarm Farmacja Polska. The fine is for the misleading commercial of Aflofarm’s sinus infection Renopuren dietary supplement which “were advertised in a manner suggestive of actual medical properties.” According to Polis...

Locked content UOKiK extends Bytom-Vistula merger proceedings

The antitrust watchdog UOKiK has extended antimonopoly proceedings on the merger of clothing retailers Vistula and Bytom by 4 months. The case has been entered into the second phase of the proceedings, reserved for more complicated cases. UOKiK now can conduct, among others, market analysis. The mer...