The Parliament adopted on 28 May 2013, the Competition Act a new provision requiring the grocery operator are automatically considered to be a dominant position, if its market share exceeds 30 per cent in Finland. A grocery two biggest operators, K and S groups, provision should be taken into account as a result of a dominant position abuse of regulatory activities. The amendment shall enter into force on the 1st of january 2014.
The Competition Act, the change does not affect the Finnish grocery trade, the structure shall not prevent the market players interest calculator from growing and competing with each other, or affect the operation of the local merchants in other ways. Only in grocery operators whose national market share of over 30 percent, will change as a result of assessment of the pricing practices and other trading conditions of their again.
The two largest grocery operators have publicly criticized the change and felt that it would lead to higher retail interest calculator prices interest calculator and hinder the purchase of local products. Most of the draft law adjudicated interest calculator entities, however, in favor of the change, as it was considered to increase competition in the retail trade and the lowering of food traditionally high prices in Finland.
Competition law change and its effects interest calculator to give information about the Senior Associate, Attorney Maarika Joutsimo, which can be reached by phone at +358 50 338 8495 or e-mail interest calculator address maarika.joutsimo@hpplaw.fi.
Address Bulevardi 1 A 00100 Helsinki, Finland interest calculator Telephone +358 9 474 21 E-mail etunimi.sukunimi@hpplaw.fi Fax +358 9 474 2222
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