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Bucharest Tribunal Definitively Upholds RON9.9M Fine Against Albalact Over Blocked Inspection
The Bucharest Tribunal has definitively upheld the RON9.91 million (nearly EUR 2 million) fine imposed by Romania's Competition Council on Albalact for refusing to cooperate during an unannounced inspection by failing to grant access to information.
Romania Antitrust Body Slaps Ten Banks with RON3.73B Total Fine for Alleged ROBOR-Setting Collusion
Romania’s Competition Council has fined ten banks a total RON3.73 billion (EUR710 million) for breaching competition norms by colluding in the procedure of setting ROBOR.
Financial Watchdog Fines Insurer Euroins Romania Over RON2M
Romania's financial supervisory authority has fined insurer Euroins Romania a total of over RON2 million for irregularities found at a check-up conducted in July-September.
Euroins Fined RON0.5M For Delaying Insurance Claim Payments
Insurer Euroins, owned by Bulgarian Eurohold group, has been fined RON500,000 by the financial supervision authority over delayed payment of insurance claims to customers, authority vice-pre...
Antitrust Body Fines Roche Romania EUR12.8M For Abuse Of Dominant Position On Cancer Drug Market
Romania’s Competition Council on Wednesday said it fined pharmaceutical company Roche Romania SRL a total RON59,967,944 (EUR12,857,897) for abuse of dominant position on the market of certai...
Gas Distributor Distrigaz Sud Gets EUR3.7M Antitrust Fine
Romania's antitrust body has fined natural gas distributor Distrigaz Sud Rețele SRL (DGSR) RON17.65 million (around EUR3.7 million) for abusing its dominant position in the areas where it wa...
Antitrust Body Fines Premier Energy SRL RON6.3M For Abuse Of Dominant Position
Romania’s Competition Council has fined natural gas distributor Premier Energy SRL a total RON6.3 million (nearly EUR1.3 million), as a legal successor of the company Gaz Sud SA, for abuse o...
Romanian Tourism Association, 13 Agencies Fined EUR2.45M for Antitrust Practices
Romania's antitrust authority has fined 13 travel agencies and the country's national tourism association ANAT a total of EUR2.45 million for acting concertedly to keep vacation prices high.
Antitrust Body Fines Insurers Association, Nine Insurance Companies EUR53M
Romania's antitrust body has fined nine insurance companies and the local association of insurance companies UNSAR a total of RON246.7 million (EUR53 million) for breaking national and Europ...