EU INVESTIGATIONS IN THE SPORTS EQUIPMENT SECTOR

As part of a broader initiative to ensure fair competition within the sports equipment sector in the European Union (EU), the Directorate-General for Competition of the European Commission launched unannounced inspections (so-called “dawn raids”) of several ski equipment companies regarding possible violations of EU Competition Rules. In particular, regarding potential cartels and illegal price-fixing.
These investigations focus on potential violations of Article 101 of the Treaty on the Functioning of the European Union, which prohibits agreements that have as their object or effect the restriction, prevention or distortion of competition within the EU and which have an effect on trade between EU member states.
The investigations involve major industry players and, if found guilty, they could face fines of up to 10% of their annual world-wide turnover.
The investigations are presently at an early stage and could take several months to complete.
We advise and represent clients in EU Competition Law matters related to sport, and further information is available from either Dr Estelle Ivanov or Prof Dr Ian Blackshaw by e-mailing them at ivanova@valloni.ch and blackshaw@valloni.ch respectively.