Thursday, 01 September 2011

Decision 527/2011

Decision on the complaint under ref. no. 8521/27.11.2009 lodged by the company “Bookstores COSMOS M. Flora” for illegal agreement-setting retail prices in Thessaloniki, with the initiative of “Thessaloniki’s Booksellers Association”.

Decision 527/2011
File (PDF) Decision 527/2011
Date of Issuance of Decision

September 01st, 2011

Government Gazette Issue No
Relevant Market


Subject of the Decision

Anti-competitive agreements, Anti-competitive Decision of an Association of Undertakings

Legal Framework

Article 1 of L. 703/1977

Operative part of the Decision

Finding an infringement. Imposition of Fine.


Bookstores COSMOS M. Flora

Company(ies) under investigation

Thessaloniki’s Booksellers Association 

Summary of Decision

The competent Chamber of the Hellenic Competition Commission, in the context of examining the complaint of the company “Bookstores COSMOS M. Flora” unanimously decided that “Thessaloniki’s Booksellers Association” and the companies IANOS S.A. and ATHANASIOS FLOROS S.A. infringed article 1 of L. 703/1977, through deciding to apply a common discount policy.

In particular, the HCC considered that the above-mentioned involved companies had entered into agreements/harmonized practices, while the Thessaloniki’s Booksellers Association issued relevant decisions, which were part of a sole/unified plan to eliminate discounts or restrict these based on the retail price of the books sold in the prefecture of Thessaloniki, fixed by publishers, in order to limit or distort competition between the members of the Association.

Judicial Means Appeal.
Decisions by the Court of Appeal of Athens (Administrative Division)

ACAA 1474/2014,  ACAA 6413/2014

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