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EUIPO Warns Of Risks From Illegal Platforms And Counterfeits 

The Head of Service of Outreach and Knowledge at the European Union Intellectual Property Office (EUIPO), Claire Castel, has issued a stark warning about the dangers associated with using illegal platforms and counterfeit goods. Speaking to the Cyprus News Agency (CNA), Castel highlighted the economic and security risks posed by piracy and counterfeit operations, which fund organised crime and expose consumers to identity theft, viruses, and financial scams.

Castel emphasised the necessity of public awareness in combating intellectual property (IP) infringement. She pointed out that, despite improvements in the availability of legal platforms since the early 2000s, illegal streaming and counterfeit products continue to undermine legitimate businesses and sports organisations by diverting necessary funding and revenues. These illegal activities not only jeopardise the financial stability of these entities but also endanger consumers by offering substandard products that fail to meet safety and health standards.

To mitigate these risks, Castel advised consumers to verify the authenticity of websites by looking for HTTPS in the URL, checking for clear contact information, reading reviews on trusted platforms, and ensuring the presence of legal disclaimers and privacy policies. She also recommended the EU’s agorateka portal, which lists over 4500 legal content sources, as a resource for distinguishing between legitimate and pirated digital content.

Addressing the cost-driven motivations behind the consumption of counterfeit goods and pirated content, Castel acknowledged that affordability and accessibility are significant factors. However, she urged consumers to consider the hidden costs of such choices, including health and safety risks, cybersecurity threats, and the support of organised crime. Castel called for a continued European-wide approach to tackling IP crime, supported by the EU policy cycle and member states’ participation.

This comprehensive strategy underscores the need for collective action and consumer vigilance to safeguard economic interests and public safety against the pervasive threat of illegal platforms and counterfeit operations. As the digital landscape continues to evolve, so too must the measures to protect intellectual property and ensure a secure online environment for all.

Competition Authority Launches Comprehensive Review of ExxonMobil Cyprus Acquisition

Investigation Initiated Over Strategic Acquisition

The Competition Protection Authority has commenced a thorough investigation into the acquisition of ExxonMobil Cyprus Limited’s share capital by Petrolina Holdings Public Ltd through Med Energywise Ltd. This inquiry was formally initiated following a session held on 10 September 2025, after an in-depth review of the pertinent report by the Authority’s Service.

Concerns Over Market Compatibility

Authorities have expressed serious concerns regarding the compatibility of the transaction with established competitive practices. The review indicates that the acquisition may affect several critical petroleum markets, both horizontally and vertically, thereby raising the potential for adverse impacts on market dynamics.

Horizontal Market Dynamics

On the horizontal front, potential effects have been identified in the import market for petroleum products, as well as in both wholesale and retail distribution channels of these products. The consolidation is believed to increase the risk of price rises and coordinated actions, given the direct competitive proximity between Petrolina and ExxonMobil.

Vertical and Adjacent Market Implications

Vertical aspects of the merger are also under close scrutiny. The new entity could restrict competitors’ access to critical infrastructure such as storage facilities, supply channels, and customer bases. These restrictions could further affect the onshore distribution of fuels, the wholesale market for lubricants, and specialized technical services connected with fuel station operations.

Local Market Considerations

Particular attention is being paid to the potential concentration in the retail fuel market. The investigation suggests that a reduced competitive landscape within a four-kilometer radius of the companies’ fuel stations could lead to diminished local competition, adversely impacting consumer prices and options.

Next Steps and Industry Impact

The Competition Protection Authority, which reached a unanimous decision to pursue a full investigation, remains open to submissions from parties that might be affected by this transaction, as mandated by current legislation. A final decision is expected within four months upon receipt of all necessary evidence, potentially setting a significant precedent for future market consolidation cases in the energy sector.

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