ANTITRUST
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Antitrust Authority Estimates To Apply Fines Of EUR20M This Year, Same As In 2013
Romania’s antitrust authority will open around 20 new investigations this year and estimates it will apply fines totaling some EUR20 million, roughly the same as last, Competition Council pr...
Romanian Antitrust Watchdog Investigated Five Allegedly Rigged Bids In 2013, Issued One Fine
Romania's Competition Council completed five investigations into alleged rigged bids last year and issued a RON12.5 million (EUR2.8 million) fine in one of the cases, according to the instit...
Courts Upheld Antitrust Decisions More Than 90% Of The Time In 2013
Romania's antitrust authority won in 2013 most of the trials in which its fines were contested, a slightly lower percentage than in 2012, according to the Competition Council's activity repo...
Romanian Antitrust Watchdog Looks Into Local Car Insurance Market
Romania’s antitrust watchdog has started an investigation into the local car insurance market.
Ecotic: Romanian Antitrust Body's Decision Unjustified
Ecotic representatives said Friday that the decision of the antitrust authorities to fine the electronic companies, members of the association, for sealing anti-competition agreements within...
Arctic Appeals Fine Imposed By Romanian Antitrust Watchdog
Romanian household appliance maker Arctic Gaesti will appeal the fine imposed by Romanian antitrust authorities for sealing anti-competition agreements within the buy-back campaigns, saying...
Romanian Antitrust Watchdog Fines 14 Electronics&Appliance Companies
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 ant...
Romanian Antitrust Watchdog Looks Into Astra Taking Over AXA Life Insurance
Romanian antitrust authorities are looking into the takeover of Axa Life Insurance, the local, subsidiary of French group AXA, by the Romanian leading insurer Astra Asigurari.
EU To Complete Antitrust Probe On Hidroelectrica’s Contracts With Alro And Mittal This Year
The European Commission will complete this year its investigation regarding the contracts between hydropower producer Hidroelectrica and two of its largest clients, Alro Slatina and ArcelorM...