Konkurences atbalsta padome | Concerns regarding commercial practice in the market of professional tools for construction and renovation
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Concerns regarding commercial practice in the market of professional tools for construction and renovation

The Competition Support council has been informed about the tendency of unfair commercial practice in the market of professional tools for construction and renovation sector affecting competition and the rights of consumers to choose. According to the information received, a company offers to buy back the whole competitors stock while replacing it with its own production and signing a 3 years contract with the respective trader, ensuring no  production from any competitors will be sold in this very period. To stimulate such a  decision, company also offers several specific bonuses.

Such an activities are preparing the ground for situation where no any production from other companies will be available in the market and thus shaping a monopoly where just one company in  the market in this market sector exists.