CIT One SRL provides local integrated services for the transport, processing and storage of cash and other valuables. Prior to this transaction, CIT One SRL had been held by BCR.
Following the analysis, the antitrust watchdog found this transaction could hurt competition on the cash management services market.
Consequently, BRD, BCR and Raiffeisen Bank undertook to implement a set of measures, called the Antitrust Guide, meant to ensure the compliance with antitrust rules with respect to CIT One, including their interaction with CIT One as shareholders and as customers.
The three banks also undertook that CIT One’s pricing policy be based on some principles to make it fair and non-discriminatory.