Competition authority refuses to initiate proceedings on alleged pricing below cost by food retailer
The Commission for the Protection of Competition issued information that following a preliminary investigation it intends not to initiate proceedings in respect of allegations of pricing below cost by a major food retailer in Bulgaria.
Selling of significant quantities of goods for extended periods of time below their production and marketing cost is a standalone infringement of local unfair competition law, even outside dominance.
Borislav Boyanov & Co. represented the retail chain against which the preliminary investigation was directed.
Copyright picture: pixabay.com