Region: Cyprus

Featured in Europe, Middle East and Africa Antitrust Review 2024

Impactful amendments to Cypriot competition and control laws, critical decisions in antitrust cases involving key industries like pharmaceuticals and agriculture, and increased consumer awareness of the need for robust competition are helping the Competition Authority of Cyprus build a culture of compliance.

30 June 2023

Cyprus’ government has tapped a private practice lawyer with no antitrust experience to head the country’s competition watchdog, as an ongoing court battle calls into question the legality of the previous chair’s tenure.

21 June 2023

The Cyprus Commission for the Protection of Competition has fined a cement manufacturer €5.1 million for charging excessive prices.

24 March 2023

Featured in Europe, Middle East and Africa Antitrust Review 2023

The Competition Authority of Cyprus encountered several key developments and made impactful decisions in cases between April 2021 and March 2022.

24 June 2022

The Cyprus Commission for the Protection of Competition has fined a manufacturer of cleaning products €3.3 million for abusing its dominance in the market for the wholesale supply of laundry detergent.

18 May 2020

Cyprus’ competition authority has fined oil and gas company ExxonMobil and three of its distributors after finding the companies colluded to fix resale petrol prices.

28 November 2017

Cyprus’s competition watchdog has ordered eight banks to pay a total of €31 million for abusing their dominant position in the country’s card payment market.

25 May 2017