Spasov & Bratanov advised and represented CEZ Razpredelenie Bulgaria AD on its appeal of a decision Competition Protection Commission, imposing a fine of BGN 1.25+ million towards alleged breach of Art.21 of the Competition Protection Act. The company, represented by Kremena Yaneva-Ivanova and Georgi Spasov, successfully refuted at the court the allegations that the company abused its dominant position by delaying the purchase of an energy facility from a customer. On 1st December 2017 five-member panel of the Supreme Administrative Court finally overruled the CPC’s decision, including  by reference to the well-established practice of the antitrust authority, from which it departed in this particular case. Moreover, the court decision provides helpful guidance on the methodology of setting the amount of the antitrust fines, which CPC, hopefully, will follow in its future practice. You may read more about our competition law experience in the energy sector here:  COMPETITION AND LITIGATION

PRACTICES

More Posts

Spasov and Bratanov advised DBS Bank LTD, acting as arranger and Madison Pacific Trust Limited,

Read More »

Spasov and Bratanov advised AES Bulgaria, the largest investor in the energy field in Bulgaria

Read More »

Spasov and Bratanov has advised VP Brands International AD on its acquisition of 100% of

Read More »

Spasov and Bratanov has advised Impetus Capital AD, through the investment fund ImVenture II KDA,

Read More »

Share: