# Commission Decision of 18 November 2009 on the State aid C 18/09 (ex N 360/09) implemented by Belgium for KBC (notified under document C(2009) 8980) (Only the English text is authentic) (Text with EEA relevance) (2010/396/EC), Division (v): The Belgian authorities commit that KBC will adhere to the following price leadership ban:

Extent: E+W+S+N.I.

(a) In Community-markets in which KBC has a market share of more than [0-10] %, on the product markets as defined in point (ii) below, KBC will not offer more favourable prices on standardized products than the best priced competitor of KBC among the top ten market players in terms of market share on this geographic and product market;
(b) The product markets to which the condition set out in point (i) applies are limited to: KBC’s standardized products on the retail deposit market, deposits for SME’s (SME defined according to SME definition as operated by KBC) and retail mortgage market;
(c) As soon as KBC becomes aware of the fact that it offers more favourable prices for its products than the best priced provider, KBC will as soon as possible adjust, without any undue delay, its price to a level which is in accordance with this commitment;
(d) That condition does not apply to the Belgian market, where no price leadership ban will apply.

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Source: https://www.legislation.gov.uk/eudn/2010/396/annex/division/1/division/v (the official version)
Page: https://openlegislation.uk/eu-decision-2010-396/annex/division-1/division-v
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.