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COMPETITION

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Farmexpert Wins In Court 90% Cut In Antitrust Fine
Health

Farmexpert Wins In Court 90% Cut In Antitrust Fine

The Bucharest Court of Appeals has ruled to reduce by 90% to 1 million lei (EUR226,480) an antitrust fine of around RON11 million applied by the Romanian Competition Council to pharmaceutica...

Ecaterina Craciun · 26.03.2013 · 12:15 · 1 min
Hidroelectrica May Get Fined If Energy Deal Inquiry Proves It Breached Law
Energy

Hidroelectrica May Get Fined If Energy Deal Inquiry Proves It Breached Law

Romania’s Competition Council and the European Commission (EC) will complete separate inquiries into state-owned hydropower producer Hidroelectrica’s bilateral energy deals in the second hal...

Ioana Tudor · 20.03.2013 · 12:54 · 1 min
ING Ready To Take Advantage Of Weakened Competition
Banks-Insurance

ING Ready To Take Advantage Of Weakened Competition

The banking market is not growing, but it does provide many opportunities, partly because of the weakened competition. ING Bank will be active on all customer segments this year and target m...

Oana Gavrila · 07.03.2013 · 09:05 · 2 min
Romenergo: Romania Has Lost Its Major Competitive Edge As A Low-Cost Supplier
Energy

Romenergo: Romania Has Lost Its Major Competitive Edge As A Low-Cost Supplier

Romenergo, a company that has been active for over 35 years in the energy sector, says as the country has become de-industrialized, companies that used to have a rich activity on foreign mar...

Manuela Panescu · 07.02.2013 · 00:00 · 4 min
Mediplus Fails To Get RON49.23M Antitrust Fine Scrapped, But Wins Discount
Health

Mediplus Fails To Get RON49.23M Antitrust Fine Scrapped, But Wins Discount

Romanian pharmaceutical wholesaler Mediplus has failed to get its antitrust fine of 49.23 million lei (EUR11.2 million) scrapped, but it has succeeded in getting its payment reduced to RON32...

Ecaterina Craciun · 25.01.2013 · 13:31 · 1 min
Tavares, Renault: Dacia Is 10 Years Ahead Of Competition
Companies

Tavares, Renault: Dacia Is 10 Years Ahead Of Competition

Dacia brand with its entry-level model Logan need to remain competitive and keep the almost ten-year advance over competition, says Renault’s chief operating officer.

Manuela Panescu · 17.01.2013 · 00:00 · 2 min
Competition Council: Romania Should Liberalize Car Part Market
Automotive

Competition Council: Romania Should Liberalize Car Part Market

Romania’s Competition Council recommends the liberalization of the car part production market, which would reduce prices, Bogdan Chiritoiu, president of the antitrust watchdog, said Wednesda...

Ioana Tudor · 28.11.2012 · 12:01 · 1 min
Competition Council Says Economic Crisis Led To Banking Market Concentration
Banks-Insurance

Competition Council Says Economic Crisis Led To Banking Market Concentration

The level of concentration in the banking market has increased since the beginning of the economic crisis, mainly because certain competitors disappeared from the market, according to a repo...

Ecaterina Craciun · 01.11.2012 · 12:13 · 2 min
Competition Council Fines Four Companies EUR5.6M For Bid Rigging In Gas Piping Auctions
Energy

Competition Council Fines Four Companies EUR5.6M For Bid Rigging In Gas Piping Auctions

Romania’s Competition Council on Thursday said it fined four companies a total 25.5 million lei (around EUR5.6 million) for having colluded to rig bids at two auctions organized by natural g...

Ecaterina Craciun · 01.11.2012 · 10:46 · 1 min