June 29, 2015 / 1:35 PM / 4 years ago

Polish watchdog says Kompania Weglowa does not threaten competition

WARSAW, June 29 (Reuters) - The Polish anti-monopoly office ruled on Monday that state-owned coal miner Kompania Weglowa is not using its dominant position to offer low prices and curb competition, rejecting charges posed by another local miner.

Earlier this month Bogdanka had asked the antimonopoly office UOKiK to investigate Kompania Weglowa over what Bogdanka said were cut-price offers directed by KW at Bogdanka’s clients.

“The price policy at Kompania Weglowa is not a practice limiting competition,” UOKiK said in a statement. “The company does not have a dominant position on the market, which has at least a European dimension, and the rates it uses are a result of a market strategy in a time of crisis”.

KW, the European Union’s biggest coal producer, is undergoing a restructuring which involves injecting several billion zlotys from the stage budget to keep it running.

Reporting by Agnieszka Barteczko; Editing by David Holmes

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