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Article: Czech Republic Business Report Daily.
- Article from:
- Czech Republic Business Report Daily
- Article date:
- May 19, 2004
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HEADLINES
UOHS fines Cesky Mobil CZK 6.5 mln for cartel pricing
The Czech Anti-Monopoly Office (UOHS) has fined Cesky Mobil (CM), operator of the Oskar mobile phone network, CZK 6.5 mln for an illegal pricing agreement.
UOHS chair Josef Bednar told reporters Wednesday that CM had signed contracts with distributors of prepaid cards binding them to prices set in 2000-2002.
Bednar characterized the agreement as a "vertical cartel," one of the most serious offenses.
CM signed agreements with 10 distributors, including Ceska posta, the national post office, harming competition and preventing clients from choosing lower prices, ...