The EU Commission fines Guess almost €40 million for anticompetitive agreements to block cross-border sales

The European Commission has fined Guess for restricting retailers from online advertising and selling cross-border to consumers in other Member States in breach of article 101 of TFEU. Because of Guess cooperation with the Commission, a reduction of the fine by 50% has been applied and the fine imposed amounts to €39.821.000,00. The Commission opened…

The EU Commission fines the BEH Group € 77 million for blocking access to key natural gas infrastructure in Bulgaria

The European Commission has fined the Bulgarian Energy Holding (“BEH”), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz (“the BEH group”) €77.068.000,00 for blocking competitors’ access to key gas infrastructure in Bulgaria in breach of article 102 of TFEU. The Commission opened a formal investigation into the BEH Group’s behaviour on July…