FINES
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Competition Council Fines CRH Ciment And Comnord Over EUR655,000
Romania’s Competition Council has fined companies CRH Ciment and Comnord over RON3,056,314 (nearly EUR655,904), for implementing an economic concentration before being licensed by the antitr...
Competition Council Applied Fines Of EUR15M In 2016
Romania’s Competition Council applied fines of over EUR15 million in 2016, to 119 companies, of which 93 admitted having concluded anti-competitive agreements, according to Bogdan Chiritoiu,...
Competition Council Fines Five Dairy Companies EUR1.9M For Bid Rigging
Romania’s Competition Council on Thursday said it fined five companies a total RON8,591,540 (nearly EUR1.9 million) for having colluded to rig bids at auctions organized in 2010 and 2011, in...
Competition Council Completed 21 Investigations, Applied EUR54M Fines In 2015
Romania’s Competition Council completed 21 investigations in the sectors of electricity, fuels and telecommunications and applied fines of nearly EUR54 million in 2015, up 30% on the year, C...
Antitrust Watchdog Fines Hidroelectrica And 10 Partner Companies For Unfair Competition
The Competition Council fined Hidroelectrica and 10 partner firms, mainly energy traders, a total RON165.8 million (EUR37 million), for concluding anti-competitive agreements on the energy p...
Antitrust Authority Wins Suit Over Transgaz Rigged Auctions
Romania's antitrust authority has won a lawsuit maintaining fines it applied to TMUCB, Moldocor, Condmag and Inspet for rigged auctions back in 2012.
Romania's Antitrust Body Fined 53 Companies For Unfair Competition In 2014
Romania’s Competition Council last year fined 53 companies a total 185 million lei (some EUR42 million) for anticompetitive behavior, more than double against 2013, the antitrust watchdog sa...
Selgros, Mega Image And Tymbark Set To Appeal Antitrust Fine In Court
Selgros Cash&Carry on Tuesday rejected the accusations of Romania’s Competition Council, which fined the company RON6.6 million, and awaits the watchdog’s motivation in order to start legal...
Antitrust Body Slaps Four Retailers And 21 Of Their Suppliers With EUR35M Fine
Romania’s antirust watchdog has fined retailers Metro, Real, Selgros and Mega Image and 21 of their suppliers a total 154 million lei (some EUR35 million) for price-fixing arrangements betwe...