ANTITRUST FINE
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Transgaz Gets RON34.2M Fine for Faulty Procurement Procedures in 2009-2011
Romania's natural gas transmission company Transgaz (TGN.RO), which has monopoly on natural gas transport in the country, said Wednesday it was fined RON34.2 million, or 1.95% of its 2019 turnover, by the antitrust authority over faulty contract awarding proce...
Electromagnetica Contests RON10M Antitrust Fine
Romanian electric and electronic equipment maker Electromagnetica Bucuresti has contested an antitrust fine issued in December last year, the company said Friday.
Electrica Says Will Challenge Antitrust Fine, But Will Cut Electricity Tariffs If Required By Competent Authorities
Electricity distribution and supply company Electrica SA (EL.RO) on Friday said it will challenge the fine applied by the Competition Council but will obey a potential decision of the compet...
Romania Antitrust Authority Fines Six Companies Selling Electricity Meters
Romania's Competition Council fined six local companies on the electricity meter market a total RON73.1 million (EUR15.8 million) for antitrust practices.
Electromagnetica Gets RON10M Antitrust Fine
Romanian electric and electronic equipment maker Electromagnetica Bucuresti was fined RON10.02 million, or 4.23% of its 2016 turnover, by the Competition Council for allegedly breaching anti...