6.4 C
London
Tuesday, April 23, 2024
HomeBusinessUnilever gets partial win in EU court over Italy competition fine

Unilever gets partial win in EU court over Italy competition fine

Date:

Related stories

‘Israeli army not ready for war’: Yitzhak Brick

Polls show that a large percentage of Israeli citizens...

Israel’s Intel Failure: ‘How Did This Happen?’

Explanations beginning to emerge after worst terror attack in...

Russia: Fake News Aims to Serbians

Frankfurt, Paris (14/4 – 40) Relations between Russia and NATO...

Sri Lanka ends visas for hundreds of thousands of Russians staying there to avoid war

Sri Lanka has told hundreds of thousands of Russians and...

Social media posts by Tajik president’s grandson unsettle ruling circles as leadership succession looms

Dushanbe 25/2 (35.71) The social networking activity of "influencer" Ismoil...
spot_imgspot_img


Consumer goods group Unilever secured a partial victory at the European Union’s highest court on Thursday over a 60 million euro ($65 million) fine imposed on it by Italy’s competition authority.

The case concerned the Italian competition and markets authority’s (AGCM) finding in 2017 that Unilever had abused its dominant position in ice cream at bars, beach resorts and campsites through its “Algida” brand.

Independent distributors imposed exclusivity clauses on operators of outlets, meaning they could not sell ice cream of competitors, such as small popsicle maker La Bomba which complained to Italian authorities.

Unilever produced economic studies to show the practice did not exclude competitors, but the AGCM said it did not have to analyse them, prompting Unilever to appeal to Italy’s Council of State. It referred two questions to the Court of Justice of the European Union.

First, it found that the abusive conduct by distributors could be ascribed to Unilever if the conduct was not adopted independently by the distributors.

Secondly, it looked into whether the AGCM should have examined Unilever’s economic analysis in determining whether the exclusivity clauses were capable of excluding market competitors.

The court found that the competition authority should have assessed the evidence that might demonstrate that practices at issue would not exclude efficient competitors.

Source : Euronews

Latest stories

spot_img