The antitrust watchdog fined MedLife SA a total RON755,930 and two companies within MedLife Group, namely, Genesys Medical Clinic SRL (a RON86,600 fine), and Rur Medical SA (a RON22,600 fine).
MedLife has a market capitalization of RON704 million.
Companies
Competition Council Fines MedLife Group RON864,000 For Anticompetitive Agreements
Romania’s Competition Council fined private medical network MedLife Group nearly RON864,000, or 20% of its consolidated net profit for the first quarter of 2018, for anticompetitive agreements which significantly restricted the competition on the stem cell sampling, processing and storing services market.