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
In litigation concerning the termination of a preliminary real estate purchase and sale agreement due to breaches of representations and warranties, Spasov and Bratanov Law Firm successfully defended its client’s