A PYMNTS Company

Poland: Security door manufacturer fined for price-fixing

By  |  October 8, 2012
Poland: Security door manufacturer fined for price-fixing

Gerda, a Polish manufacturer of security doors, was fined PLN 380 thousand ($120,000) for price fixing. According to the UOKiK, the Polish Office of Competition and Consumer Protection, Gerda entered into a prohibited agreement with the distributors of the its products, and obliging its trading partners to adhere strictly to the sales prices it had fixed for particular types of security doors. The Court of Competition and Consumer Protection sustained the decision by the UOKiK. In the decision, the President of UOKiK imposed on the participants a total fine of PLN 1.2 million ($380,000).

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: UOKIK

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Related Content: How to Block Cartel Formation and Price Fixing: Using Extraterritorial Application of the Antitrust Laws as a Deterrence Mechanism

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.