Djingov Gouginski Kyutchukov & Velichkov has successfully represented the Miele Center Max Group before the Commission on Protection of Competition in antitrust proceedings initiated against Miele Bulgaria.
According to the firm, "the CPC upheld Miele Center Max Group's claims that Miele Bulgaria had infringed the Bulgarian competition law by introducing a price-fixing mechanism by virtue of which it imposed and required retailers of Miele home appliance to apply retail prices determined by Miele Bulgaria."
Djingov Gouginski Kyutchukov & Velichkov reported that "the CPC imposed a monetary sanction in the amount of BGN 1.61 million for an infringement of Article 15 of the Bulgarian Protection of the Competition Act and of Article 101 of the Treaty on the Functioning of the European Union. The penalty amounts to 10% of the turnover of the defendant for the preceding financial year, and this is the maximum amount that can be imposed for the violation of antitrust rules." According to the firm, the decision can be appealed by Miele Bulgaria before Sofia's Administrative Court.
The DGKV team was led by Partners Angel Ganev and Nikolai Gouginski and included Senior Associates Vladislav Antonov and Dessislava Iordanova and Associate Anna-Maria Atanasova.
