A fine of 46,160 euros was imposed by the Competition Commissionfollowing a Dispute Settlement Process.

Specifically, as stated in the announcement:

The Plenary Session of the Competition Commission (EA), with the no. 849/2024 unanimous Decision, accepted the Dispute Settlement Proposal submitted by the company “MIELE-HELLAS, COMMERCIAL ELECTRICAL MACHINERY COMPANY, LIMITED LIABILITY COMPANY” (MIELE Hellas) and imposed a reduced fine for the fulfillment of the found, based on the rationale of the Decision s , violation of articles 1 of Law 3959/2011 and 101 of the TFEU, for a total amount of 46,160 euros.

The case concerns the import, wholesale and retail markets of large/white household electrical appliances. The above-mentioned company involved in the process, for which evidence was collected capable of establishing a violation of articles 1 of Law 3959/2011 and 101 of the TFEU in the context of vertical collusion, filed a request to be included in the Dispute Settlement Procedure, in accordance with the provisions of par. 16 of no. 790/2022 decision of the EA.

From the available evidence, it appears that the company in question violated articles 1 of Law 3959/2011 and 101 of the TFEU in that it engaged in the practice of setting resale prices, with which the cooperating retail stores complied to a significant extent. The violation lasted from 17.07.2021 to 24.06.2022. It is noted that the specific vertical partnership constitutes a restriction of competition.

The Plenary of the EA, by virtue of par. 39 of the no. 790/2022 of its Decision, decided to accept, in accordance with the reasoning of the Reporter’s Report, the Dispute Settlement Proposal submitted by the above company and to issue a Decision according to which:

It finds that “MIELE Greece” has violated Article 1 of Law 3959/2011 and Article 101 of the TFEU, due to its participation in a prohibited vertical partnership, by virtue of the practices that, briefly in the context of the Settlement Procedure, were described in the Report.

Obliges the aforementioned company to cease, if it has not already done so, and to refrain in the future from the established violation of Article 1 of Law 3959/2011 and Article 101 of the TFEU.

It imposes the above fine for the found violation of Articles 1 of Law 3959/2011 and 101 of the TFEU.