COMPETITION COUNCIL
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Competition Council Head: Pricing Gaps Mean Romania’s Gas Market Is Out Of Sync With EU
Romania’s gas market is not integrated into the EU market because of price disparities, Competition Council president Bogdan Chiritoiu said Thursday.
Competition Council Clears EFG Eurobank, Alpha Bank Merger
Romanian Competition Council on Monday said it has approved the merger between Alpha Bank and EFG Eurobank, where the former absorbs the latter, concluding that antitrust regulations are not...
Romanian Businesspeople Fail To Grasp Concept Of Competition - Antitrust Regulator
Businesspeople in Romania fail to understand and assume the concept of competition, and arbitrarily deem situations that “don’t suit them” as unfair competition, Competition Council represen...
Romanian Government To Soon Draft Ordinance To Regulate Unfair Competition - Antitrust Watchdog
Romanian authorities will complete this winter an ordinance aimed at regulating unfair competition, Bogdan Chiritoiu, president of the Competition Council, said Thursday, adding that duties...
Competition Council: European Commission Recommends Sanctions For Romanian Oil Companies
The European Commission supports the conclusions reached by Romanian competition authorities in the fuel market investigation started in 2005, and it recommends the sanctioning of companies...
Romania Energy System Overhaul Went From Bad To Worse - Antitrust Regulator
Romania’s planned reorganization of the energy sector has gone from one failure to another, even if the authorities have not formally withdrawn any of the projects that were announced and th...
Antitrust Body: Malfunctions On Romanian Medicine Market May Lead To Drug Shortages
Malfunctions on the Romanian medicine market block the activity of small distributors and limit sales of cheaper drugs to below 1% of the total value of the market, show the results of an in...
Competition Council Fines Drug Producers Baxter, Belupo And Their Distributors With RON7.8M
The Romanian Competition Council fined 7.8 million lei (about EUR1.8 million) medicine producers Baxter and Belupo and their distributors for sealing antitrust agreements impeding medicine e...
Bucharest Court Of Appeals Cancels Fine Against Pension Fund Aegon Pensii
The Bucharest Court of Appeals cancelled a 150,301 lei (EUR34,850) fine applied by the Competition Council in 2010 against private pension fund Aegon Fond de Pensii for breaching the law reg...