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Agribusiness ZD Trhový Štěpánov fined for unfair practices, Czech watchdog says

( April 16, 2025, 08:40 GMT | Official Statement) -- MLex Summary: ZD Trhový Štěpánov has been fined more than 1 million Czech koruna ($45,000) by the Czech competition authority for abusing its significant market power and engaging in unfair commercial practices in the sale of agricultural and food products. The business took over livestock feed deliveries from one of its suppliers without concluding a written sales and purchase agreement. In addition, four suppliers were paid late in various instances, the office said. The company qualified for a 20 percent discount on the sanction because it settled.Statement follows (in Czech). ...

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