This situation has concluded
It was preserved as a record on September 10; the timeline below shows how it unfolded, with sources. Get the briefing to follow the top situations still developing: three emails a week, sourced and in order.
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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 19 days · First seen · Last updated
Portuguese antitrust legal developments
Overview
Legal proceedings regarding antitrust and competition law in Portugal have seen varying outcomes for major corporations.
In one case, the Lisbon Court of Appeal upheld a fine of more than €34 million against utility group EDP and retailer Sonae. The court ruled that the anti-competition fine, stemming from a 2012 non-compete agreement in the electricity market, was not subject to prescription. This decision overturned a previous ruling that had declared the case prescribed, thereby reviving the case for further proceedings.
Conversely, the Santarém Court of Competition, Regulation and Supervision overturned a fine previously imposed on the supermarket chain Pingo Doce. The court revoked the penalty, which was part of an investigation into alleged price-fixing practices involving multiple retailers and a common supplier, citing a lack of ‘solid proof’ regarding the allegations.
Entities
Active Brands · Jerónimo Martins · Autoridade da Concorrência · Pingo Doce · Tribunal da Concorrência, Regulação e Supervisão de Santarém
Timeline
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about 1 month ago
[BUSINESS] 3 sourcesPingo Doce acquitted as court overturns antitrust fineA Portuguese court has overturned a fine against Pingo Doce, revoking an AdC decision regarding alleged price-fixing practices due to insufficient evidence.
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about 2 months ago
[BUSINESS] 3 sourcesPortugal's Lisbon Court Upholds €34 million Fine Against EDP and SonaePortugal's Lisbon Court of Appeal rejected the claim that the €34 million anti‑competition fine against EDP and Sonae had prescribed, keeping the case active.
Sources
negocios.pt · observador.pt · rr.pt