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ANTITRUST

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Romanian Antitrust Authority Clears Auchan's Takeover Of 12 Shopping Galleries
Retail&Consumer

Romanian Antitrust Authority Clears Auchan's Takeover Of 12 Shopping Galleries

Romania's Competition Council has authorized French retailer Auchan to take over 12 hypermarkets and shopping galleries it operates, in one of the largest retail deals in Central Europe in 2...

Oana Gavrila · 08.01.2015 · 11:05 · 1 min
Antitrust Watchdog Clears Nidera's Takeover Of Grain Terminal In Constanta
Companies

Antitrust Watchdog Clears Nidera's Takeover Of Grain Terminal In Constanta

Romania's Competition Council has approved the takeover by Chinese-held Dutch grain trader Nidera of United Shipping Agency, owner of a grain terminal in Romania's Constanta harbor, and of U...

Oana Gavrila · 05.01.2015 · 13:22 · 1 min
Energy

Antitrust Watchdog Slaps Several Oil Drilling Companies With EUR3M Fine

Romanian antitrust authorities have fined oil drilling companies Dafora Medias, Upetrom 1 Mai, Foraj Sonde Craiova and Foraj Sonde Targu-Mures a total of EUR3 million for rigging auctions fo...

Oana Gavrila · 22.12.2014 · 14:03 · 1 min
Romanian Life Insurance Market Underdeveloped, Revenues Declining - Antitrust Body
Banks-Insurance

Romanian Life Insurance Market Underdeveloped, Revenues Declining - Antitrust Body

The Romanian life insurance market is underdeveloped and its premium revenues are declining, as is the industry's share in the gross domestic product, according to a report Romania's antitru...

Oana Gavrila · 27.11.2014 · 11:44 · 1 min
Competition Council Investigates Auchan, Carrefour, Cora And Kaufland Over Antitrust Practices
Retail&Consumer

Competition Council Investigates Auchan, Carrefour, Cora And Kaufland Over Antitrust Practices

Romania’s Competition Council started an investigation related to potential antitrust practices carried out by retailers Auchan Romania, Carrefour Romania, Romania Hypermarche (Cora), Kaufla...

Gabriela Stan · 13.11.2014 · 13:29 · 1 min
Media

Antitrust Body Fines 11 Media Services Companies EUR3.2M

Romania's antitrust authority has fined 11 companies in the Romanian media industry a total EUR3.2 million for arrangements targeting to eliminate competing agencies on the media communicati...

Oana Gavrila · 02.10.2014 · 14:49 · 1 min
Analysis

Antitrust Body: Limiting Pharmacy Numbers In Urban Areas Won't Lead To Openings In Rural Areas

Limiting the number of pharmacies in urban areas will not have any direct effect on the opening of pharmacies in rural areas, Romania's antitrust body said in a reasoned opinion Wednesday.

Oana Gavrila · 01.10.2014 · 14:17 · 2 min
Analysis

Prison Time Would Discourage Antitrust Practices More Than Fines - Official

Prosecution should have a more active involvement in antitrust cases, as prison time for managers breaching antitrust legislation would be a higher deterrent in such cases even though antitr...

Oana Gavrila · 30.09.2014 · 13:31 · 1 min
Romanian Antitrust Watchdog Looks Into OTP Bank's Millennium Takeover
Banks-Insurance

Romanian Antitrust Watchdog Looks Into OTP Bank's Millennium Takeover

The Romanian Competition Council is looking into the takeover of the Romanian subsidiary of Portugal’s Millennium bcp by OTP Bank Romania, a member of Hungarian group OTP, the institution sa...

Oana Gavrila · 27.08.2014 · 13:37 · 1 min