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Republic of Cyprus

According to section 6(2) of the Protection of Competition Law of 2022 (Law 13(I)/2022), the abuse by one or more undertakings of the financial relations of dependency between one or more such undertakings and an undertaking which is a customer, supplier, producer, representative, distributor or trading partner thereof, even regarding a particular kind of product or services, and which does not have a corresponding alternative solution, is prohibited.

Such an abuse of the financial relationship of dependency may consist especially of the imposition of arbitrary terms of transaction, discretionary treatment, or the sudden and unjustified discontinuance of long term commercial relations

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Commission for the protection of Competition

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