Choose language:  
Advanced search
 
  PRESS RELEASES
 
NEWS / ANNOUNCEMENTS  > PRESS RELEASES 
8/2/2012 - PRESS RELEASES
 
Download PDF
 

Decision concerning infringements of Articles 1 and 2 of Law 703/77, as well as of Articles 101 and 102 TFEU, by TASTY FOODS in the market for salty snacks in Greece

     
HELLENIC REPUBLIC
HELLENIC COMPETITION COMMISSION
                   
                                                                                        Athens, 8 February 2012
 
 
 
PRESS RELEASE 
 
Decision concerning infringements of Articles 1 and 2 of Law 703/77, as well as of Articles 101 and 102 TFEU, by TASTY FOODS in the market for salty snacks in Greece
 
By its Decision No. 520/VI/2011, the Hellenic Competition Commission found that TASTY FOODS, a company that is mainly active in the production and distribution of salty snacks in Greece, notably under the brand name Lay’s, infringed Articles 2 of Greek Law 703/77 and 102 TFEU (abuse of dominance), as well as Articles 1 of Greek Law 703/77 and 101 TFEU (restrictive agreements). 
 
Fines totaling € 16.177.514 million were imposed on the company for the above said infringements. 
 
According to the Decision, TASTY FOODS has adopted and implemented a single, consistent and targeted policy in the market for salty snacks that sought to exclude its competitors from smaller retail outlets (notably kiosks, grocery stores and traditional food stores & mini-markets), and to limit their growth possibilities. To achieve this objective, TASTY FOODS employed various abusive practices throughout the period from 2000 until at least 2008, some of which exhibited extraordinary intensity, including:
Exclusivity agreements at wholesale level,
Agreements for the provision of cabinets on the basis of exclusivity, aimed at capturing the available space at smaller retail shops (e.g. kiosks) and raising entry/expansion barriers, to the exclusion of competitors,
Rebates conditional upon the commitment of all, or the most substantial part of, available shelf/store space for its products,
Target rebates at both wholesale and retail level, and
Coordinated and targeted acts aimed at replacing and removing, by unorthodox means, the products and cabinets/ of competitors from those outlets.
 
 
 
  1  
 
HELLENIC COMPETITION COMMISSION © 2007
Terms of use Valid CSS!
Homepage | Links | Sitemap | Contact