Court Quashes 2/3 of Sanctions for Alleged Cooking Oil Cartel
The firm represented Papas Olio AD, Niva AD, and New Oil AD before the Supreme Administrative Court in a case challenging the allegations of the Commission on Protection of Competition that a purchasing cartel for sunflower seeds existed among 13 cooking oil producers in the country. The case involved a significant volume of evidence, including evidence collected through dawn raids, as well as a complex economic analysis of price formation, market trends and market behavior. Upon review, the Supreme Administrative Court’s three member panel reduced the sanctions against the three defendants by half to two-thirds.
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