Hyundai Case – The Consequences

On November 6, 2012 the Commission for the Protection of Competition imposed a record fine of BGN 16 million to the local importer of vehicles and spare parts for the “Hyundai” brand – Industrial Commerce EOOD, as well as maximum sanctions for its dealers. Following up on the significant interest from BOYANOV & Co.’s clients, please find below a brief note on the main issues, raised by this decision.