KSB Wins Damages Case for Asiana

Previously, following a complaint filed by KSB on Asiana’s behalf, the Czech Competition Authority fined Student Agency for having abused its dominant position by setting unreasonably low prices and having forced Asiana out of the market. That fine amounted to CZK 5 million. Asiana then sought damages against Student Agency at the Regional Court in Brno. The decision is one of the first of its kind by which Czech courts awarded damages as a result of a company’s unlawful restriction of competition.
More details, including Pavel Dejl’s comments, are available here (in Czech only).
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