Brief: NKT Gets Statement Of Objections From Office For Protection Of Competition In Czech Republic
10/03/2026 13:48
March 10 (Reuters) - Nkt A/S NKT.CO: RECEIVES STATEMENT OF OBJECTIONS FROM OFFICE FOR PROTECTION OF COMPETITION IN CZECH REPUBLIC STATEMENT OF OBJECTIONS RELATS TO INVESTIGATION INTO ALLEGED ANTI-COMPETITIVE PRACTICES IN CZECH CABLE MARKET NKT REGARDS THESE MATTERS WITH THE UTMOST SERIOUSNESS COMPANY REMAINS COMMITTED TO FULL COOPERATION WITH AUTHORITIES AND TO UPHOLDING RESPONSIBLE AND ETHICAL BUSINESS STANDARD COMPETITION AUTHORITY ALLEGES THAT CERTAIN PRACTICES UNDER INVESTIGATION AMONG SEVERAL CABLE MAKERS CONSTITUTE INFRINGEMENTS OF COMPETITION RULES AUTHORITY PROPOSED FINES FOR PARTIES INVOLVED, INCLUDING NKT S.R.O. FINAL DECISIONS BY COMPETITION AUTHORITIES EXPECTED LATEST DURING 2027 NKT HAS APPEALED THE FIRST-INSTANCE DECISION TO THE COUNCIL OF THE ANTIMONOPOLY OFFICE Further company coverage: NKT.CO (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))