The Court of Appeal has dismissed Carrefour's final appeal
against its fine for not complying with the conditions imposed on
its 2007 takeover of Ahold.
UOKiK gave its consent to the takeover on condition that Carrefour
sold nine shops before the end of 2008. It then fined Carrefour PLN
more than PLN 0.5 million because its disposals of two shops
– in Grodzisk Mazowecki and Jaworzno – were not
completed until January 2009.
Carrefour's first appeal was rejected in 2011 by the Court of
Competition and Consumer Protection. Now, the Court of Appeal
has also dismissed the appeal, ruling that the merger conditions
were clearly specified by UOKiK and that Carrefour should have been
conscious of the severe consequences of not implementing them in
time.
The court ruling is final.
This article was written for Law-Now, CMS Cameron McKenna's free online information service. To register for Law-Now, please go to www.law-now.com/law-now/mondaq
Law-Now information is for general purposes and guidance only. The information and opinions expressed in all Law-Now articles are not necessarily comprehensive and do not purport to give professional or legal advice. All Law-Now information relates to circumstances prevailing at the date of its original publication and may not have been updated to reflect subsequent developments.
The original publication date for this article was 21/05/2012.