CYPRUS Law and Practice Contributed by: Marios Pelides and Dominique Pelides, Georgiades & Pelides
7.2 Contacting Third Parties The CPC will often invite the views of interested third parties where it has decided to proceed with a Phase II investigation. Typically, the CPC will (i) request that the third parties concerned provide the CPC with a list of their competitors and other relevant parties and (ii) do its own research to determine which third parties might be relevant. While the CPC usually involves third parties via the circulation of written questionnaires or con - ducting oral hearings, it has on occasion also used more informal means (eg, telephone calls). Part of the information that must be submitted to the CPC when proposing a remedy is a non- confidential description of the nature and scope of the proposed remedy, including the reasons why it is expected to resolve applicable compe - tition concerns. The CPC has the power to use this non-confidential description to market-test The CPC publishes both its decisions as well as the fact that it has received a notification in the Official Gazette of Cyprus and on its website. The publications always include the names of the parties involved and a description of the con - centration. When decisions are published, the relevant economic sectors are also identified. However, commercial information that has been notified to the CPC as confidential is generally not included. 7.4 Co-Operation With Other Jurisdictions The CPC co-operates with competition authori - ties in other EU member states, both on gen - eral policy matters and with respect to specific transactions. the remedy offered. 7.3 Confidentiality
The Law does, however, provide that the CPC and its members are subject to an obligation to maintain the confidentiality of sensitive informa - tion received by them in the conduct of their duties. More particularly, they must keep infor - mation confidential and not publish or circulate the information except to the extent required to evidence a breach of the Law or to otherwise ensure application of the provisions of the Law. 8. Appeals and Judicial Review 8.1 Access to Appeal and Judicial Review CPC decisions may be appealed (by way of administrative recourse) to the Administrative Court. Decisions of the Administrative Court may be appealed to the Court of Appeal, with decisions of the Court of Appeal being in turn appealed to the Supreme Administrative Court (on certain grounds and subject to leave). 8.2 Typical Timeline for Appeals Appeals to the Administrative Court must be filed within 75 days of issuance of the CPC’s decision (or within 75 days of the date the deci - sion was notified to the appellant). A party wish - ing to appeal a decision of the Administrative Court to the Court of Appeal must file its appeal within 42 days of issuance of the Administra - tive Court decision. Likewise, parties wishing to appeal decisions of the Court of Appeal to the Supreme Administrative Court must file their petition within 42 days of issuance of the deci - sion of the Court of Appeal. In practice, appeals can take several years to resolve and are very rarely successful. This may change following the introduction of the addi - tional appellate tier described in 8.1 Access to Appeal and Judicial Review . Final guidelines
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