Carrefour Antitrust Fine Upheld In Polish Court

Law360, New York (May 17, 2012, 1:50 PM EDT) -- A Polish court on Thursday tossed Carrefour SA's appeal of a 542,000 zloty ($158,000) fine leveled by Poland's competition watchdog over the company's failure to meet a deadline to sell two shopping centers in exchange for antitrust clearance of its takeover of a rival.

Poland's Court of Appeal ruled that the country's Office of Competition and Consumer Protection, or UOKiK, had rightly penalized French hypermarket giant Carrefour for missing the deadline by almost a month to sell the two stores. Carrefour had promised to deal the...
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