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CPC: 14 pending cases

13/01/2004 09:56
The Competition Protection Committee is expected to be extremely busy in 2004, as there is a plethora of cases pending from last year, while the hearing process for certain exceptionally difficult cases will start within the next few weeks.

According to official data obtained by StockWatch, there are 14 pending cases before the Committee, seven of which are still in the stage of investigation. Three out of seven charges are lodged by Golden Telemedia, AvacomNet and Callsat Telecom Ltd against CYTA.

Among the seven cases that are on the hearing process before the CPC, it is the investigation against certain banks accused for a ‘cartel’ and the charges lodged by ANT1 TV station against Lumiere and the Cyprus Football Association.

The Committee reserves its decision for a case concerning the charges of the Authorized Representatives of the Horse Racing Betting Association against a Nicosia horse racing Club.

The pending cases before the CPC are the following:

Pending investigations before the Committee

Charges of Golden Telemedia Ltd against CYTA
Charges of AvacomNet against CYTA
Charges of Callsat Telecom Ltd against CYTA
Charges of M.E Ostrich Farms Akamas against Kofinou Abattoir
Charges of Handy Andy against Corina Snack Ltd
Charges of BAKO (Nicosia) against Exxon-Mobil Ltd
Charges of CTC Ltd against Frou-Frou Biscuits Ltd

Pending investigations before the Committee (hearing process)

Charges against Kronos Press Agency and Hellenic
Ex-officio investigation against Muskita Aluminium Industries Ltd
Ex-officio investigation concerning a possible banking cartel

Ex-officio investigation against Andreou & Paraskevaides Enterprises Ltd (PEPSI COLA) or other beverage companies. The hearing will be held on January 13, 2004.

Charges of Patroclos Georgiou Ltd against KIMON Pumps Ltd. The hearing will be held on February 2, 2004.

Charges from Authorized Representatives of the Horse Racing Betting Association against a Nicosia horse racing Club. Decision reserved.

Request for an individual negative attestation and individual challenge from Andreou and Paraskevaides Enterprises Ltd. The hearing will be held on January 13, 2004.

Charges of ANT1 against Lumiere TV Ltd, Lumiere Services Ltd and the Cyprus Football Association. The hearing will be held on January 12, 2004.