Market announcement

TKM Grupp AS

LEI code

529900785KF1K0EEW940

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

9818

Submission date and time

15.09.2022 16:00:00

Content of announcement in Estonian

Title

Ringkonnakohtu vaheotsus peatada menetlus KIA Auto AS ja Tallinna Kaubamaja Grupp AS osas

Message

Läti  Vabariigi  administratiivne  ringkonnakohus  otsustas 14. septembril 2022
peatada  KIA Auto  AS, Tallinna  Kaubamaja Grupp  AS-i ja  Läti Konkurentsiameti
vahel  alates 2014. aastast  kestva kohtumenetluse  ajavahemikul 2004 kuni 2009
kehtinud  KIA Auto AS garantiitingimuste väidetava konkurentsiõiguse vastuolu ja
135 tuhande  euro  suuruse  trahvi  õiguspärasuse  osas.  Menetlus  peatati Läti
Konkurentsiameti  taotluse alusel, et täiendavalt täpsustada kohtuasja faktilisi
asjaolusid ning esitada küsimusi Euroopa Liidu Kohtule. Keskmiselt kulub Euroopa
Liidu eelotsuse saamiseks poolteist aastat. Peale eelotsuse saamist jätkub Lätis
menetlus ringkonnakohtus.

Eeltoodud  vaidluses  eelnevalt,  22. detsembril  2021, otsustas  Läti Vabariigi
Riigikohus,  et kohtuasi tuleb uuesti läbi vaadata ringkonnakohtu poolt viidates
seejuures,  et tuleb  viia läbi  täielik väidetava  konkurentsivastase käitumise
analüüs,  sealhulgas selle mõju turule, ning  samuti tuleb kontrollida, kas Läti
Konkurentsiameti  hinnang on olnud põhjalik, täpne ja kas on tehtud nõuetekohane
turuanalüüs.  Läti  Konkurentsiamet  palus  sellele  järgnevalt  ringkonnakohtul
küsida  eelotsust Euroopa Liidu Kohtult,  et selgitada välja, milliseid tegureid
tuleb hinnata konkurentsi piirava tagajärje olemasolu tuvastamiseks KIA Auto AS-
i  garantiitingimuste kontekstis, mis  kehtisid aastatel 2004-2009, ning milline
on konkurentsiameti tõendamisstandard väidetava rikkumise tõendamisel.

Raul Puusepp
Juhatuse esimees
Tel 731 5000

Content of announcement in English

Title

Regional Court’s interim decision to suspend the ongoing proceedings regarding KIA Auto AS and Tallinna Kaubamaja Grupp AS

Message

On  14 September  2022, the  Administrative  Regional  Court  of the Republic of
Latvia decided to stay the proceedings that have been ongoing since 2014 between
KIA  Auto AS,  Tallinna Kaubamaja  Grupp AS  and the Latvian Competition Council
regarding  the alleged conflict of competition law of the warranty conditions of
KIA  Auto AS that were valid in the  period of 2004-2009 and the legality of the
penalty  in the amount of 135 thousand  euros. The proceedings were stayed based
on  the application of  the Latvian Competition  Council to further evaluate the
factual circumstances of the case and refer questions to the Court of Justice of
the  European  Union.  The  average  time  to  obtain  a  preliminary  ruling is
approximately  one and a half years. After receiving the preliminary ruling, the
proceedings will resume in the regional court in Latvia.

On  22 December 2021, the Supreme  Court of the  Republic of Latvia returned the
case  to the regional court, indicating that  a full review of the alleged anti-
competitive  behavior, including its  impact on the  market, needs to be carried
out  and that it  also needs to  be verified if  the assessment conducted by the
Latvian  Competition Council  has been  thorough, accurate  and whether a proper
market  analysis has  been conducted.  In turn,  the Latvian Competition Council
requested  from the regional court to refer the  case to the Court of Justice of
the  European Union for a preliminary ruling  on the constituent elements of the
review  to find a restriction  of competition "by effect"  within the context of
the  warranty  conditions  of  KIA  Auto  AS  that  were  valid in the period of
2004-2009, and  the standard of proof required of competition authority to prove
the alleged violation.

Raul Puusepp
Chairman of the Management Board
Tel +372 731 5000