The Annual Report of the Commission for the Protection of Competition for 2005 has been delivered today to the President of the Republic by the Chairman of the Commission for the Protection of Competition ﴾CPC﴿ during today’s meeting of the CPC at the Presidential Palace. In the meeting with the President of the Republic the Chairman of the CPC Mr George Christophides and the Members of the CPC, Mr Andreas Demetriou, Mr Costis Efstathiou and Mr Elias Theodorou participated.
The meeting of the CPC with the President of the Republic lasted for one and a half hours during which the matters which concern the CPC and which merit immediate attention were discussed and analyzed especially in view of the fact that the Council of Ministers proceeded to designate the CPC as the competent authority to apply EC Regulation 1/2003 in relation to articles 81 and 82 of the EC treaty and EC Regulation 139/2004 in relation to the Control of Concentrations between undertakings which have a Community dimension.
The Annual Report for 2005 contains a summary of the decisions which were issued by the CPC in relation to the application of the laws of the Protection of Competition 1989-2000 and the laws in relation to the Control of Concentrations between undertakings 1999 -2000, as well as a summary of the relevant decisions which were issued by the Supreme Court acting in its administrative capacity. Moreover, it contains information in relation to the legal framework, the composition, the competences, the operation and the relations and activities of the CPC both at Community as well as at an International level.
In 2005, the CPC handled 111 cases, 84 complaints, one application for the issuance of negative certification and individual exemption and 5 ex-officio investigations as well as 21 cases which were pending from previous years. The majority of the said investigations concerned allegations for the abuse of a dominant position while a number of cases concern the possible existence of anti-competitive agreements and concerted practices. In addition, during 2005, the CPC issued 19 decisions which related to either complaints by third parties or ex-officio investigations as well as in relation to one application for the grant of an individual exemption or negative certification. Further, in 2005 on the basis of the provisions of the laws on the Control of Concentrations between undertakings 1999-2000, 11 proposed concentrations between undertakings were notified to the Service of the CPC and relevant decisions were issued on the basis of which the said concentrations were declared compatible with the demands of the competitive market.
The full text of the Annual Report of the CPC is posted on the Website of the CPC.