9.1.2019
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News
Competition
KSB Wins Damages Case for Asiana
KSB’s litigation team led by Pavel Dejl recently won a case at the Regional Court in Brno. The judgment, which is yet to become enforceable, orders Student Agency to pay Asiana CZK 11.7 million plus default interest for damages resulting from illegally forcing Asiana out of the bus transport market on the Prague-Brno route in 2007 and 2008.
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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