date:Aug 14, 2013
Billa, the central European arm of German retail giant Rewe has been fined CZK24 million (US$1.23 million) by Czech antitrust office OHS. The retailer had been instructed to sell four of its 500 outlets in 2008 but had failed to do so.
According to the OHS, 'In 2008, the Office assessed the concentration of undertakings Rewe and PLus-Discount. In course of the administrative proceeding, the Office found out that this transaction which merged retail chains Billa and Penny Market with Plus stores