The Competition Commission, in its meeting on 17.03.2023, considered the case of postponing the deadline for the exemption from the ban of the agreement concluded between the companies Philip Morris Products S.A. and KT&G Corporation.
The proposed period for the extension of the exemption of the agreement, until 26 October 2023, is not expected to bring about significant changes in the structure of the wholesale market of non-burning products containing nicotine and therefore the approval of the extension of the exemption will not bring effects on market competition.
For these reasons, the Competition Commission with Decision no. 966, dated 17.03.2023, decided to postpone the deadline for the exemption from the prohibition of the agreement concluded between the companies Philip Morris Products S.A. and KT&G Corporation, until October 26, 2023.
In addition, please consult the official website of the Competition Authority at https://caa.gov.al.