Romanian antitrust authorities gave fines totaling 56.5 million lei (EUR12.7 million) to 14 electronic and home appliance companies, members of RoRec and Ecotic associations, for sealing anti-competition agreements within the buy-back campaigns.
The fined Ecotic member companies are Agis Computer (RON3.2 million), CG&GC Intelligent Technology (RON13,500), Gemini (RON1.43 million), Maguay Impex (RON756,710), Panasonic Marketing Europe Wiesbaden Germania (RON209,597), Scop Computers (RON3 million).
“These campaigns were developed by observing the competition rules, without anti-competition agreements between the member companies. Moreover, Ecotic came up with the general initiative of this campaign targeting waste collection,” Ecotic said Friday in a press statement.
Moreover, Ecotic will support the member companies which decide to appeal the antitrust authorities’ decision, by presenting the company’s position and the details of the campaign to the court.
RoRec and Ecotic associations, grouping the major electronics producers and resellers on the Romanian market, were established to take over producers’ responsibility in terms of collection, treatment, re-use, recycling, and recovery of waste of electric and electronic equipment and also securing the sound disposal and safety of the environment. (EUR1=RON4.5275)