Is the Italian Competition Authority set to close two RPM investigations with a commitment decisions?
Resale price
maintenance agreements (RPM) are generally considered as hard-core competition restraints
that should attract a financial penalty. Therefore, firms that put into practice
RPM may not have the chance to have the ensuing competition investigations opened
against them closed by a commitment decisions. Nonetheless, it seems that competition authorities may be
ready to apply the commitment procedure also to serious competition
infringements like RPM, as reflected by two recent decisions made by the
Italian Competition Authority (ICA) in PhotovoltaicInverter (case I766) and in Enervit (case
I718).
In these
cases the ICA opened two Article 101 TFEU investigations regarding RPM
affecting, respectively the photovoltaic industry in Photovoltaic Inverter and the sport integrator market in Enervit. The manufacturers alleged to
have carried out a RPM in those cases submitted a set of commitments to address
the competition concerns raised by the ICA. Interestingly, on the basis of a
preliminary assessment, the ICA considered the commitments offered by the
parties in Photovoltaic Inverter and Enervit as suitable to resolve the competition
problems associated with the contested RPM. Therefore, it decided to publish
the set of proposed commitments and subject them to a market test.
The flexible
approach taken by the ICA in Photovoltaic
Inverter and Enervit appears to
be consistent with the recent decisional practice of the European Commission. In
the Ebook case the Commission examined
the price-fixing and RPM arrangements concluded between Apple and a number of
publishers. Eventually it closed the proceedings with a commitment decision under
Article 9 of Regulation 1/2003 (see here and here for the Commission’s
commitment decisions).
It will
remain to be seen now the outcome of the market test and if, depending on that,
the ICA makes the commitments binding closing the investigations.
Comments