FINES
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Antitrust Watchdog Slaps Several Oil Drilling Companies With EUR3M Fine
Romanian antitrust authorities have fined oil drilling companies Dafora Medias, Upetrom 1 Mai, Foraj Sonde Craiova and Foraj Sonde Targu-Mures a total of EUR3 million for rigging auctions fo...
Antitrust Watchdog: 26 Companies Risk Fines Following Investigation On Retail Market
Romania’s Competition Council may impose fines on 26 companies following its investigation on the local retail market targeting contracts concluded between Metro, Selgros, Mega Image, Intere...
Prison Time Would Discourage Antitrust Practices More Than Fines - Official
Prosecution should have a more active involvement in antitrust cases, as prison time for managers breaching antitrust legislation would be a higher deterrent in such cases even though antitr...
Competition Watchdog Recommends Fines For Metro, Selgros, Mega Image, Interex
Romania's competition watchdog finalized the investigation on the retail market regarding Metro, Rewe (Selgros Cash & Carry), Mega Image and Interex and their suppliers and recommends their...
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...
ASF Mulls Fining BCR, Central Depository, SSIF Broker On Harinvest Fraud
Romania’s Financial Supervisory Authority ASF will decide Wednesday on fining BCR, the central Depository and SSIF Broker, in the case of the fraud at Harinvest brokerage firm, ASF vice-pres...
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...
ASF Imposed Fines Of RON5M In 2013
Romania’s Financial Supervision Authority (ASF) imposed 129 fines totally worth 4.89 million lei (slightly above EUR1 million) on capital market entities (investors, brokers, issuers) from A...
Romanian Government Seeks To Outlaw Hitchhiking
Romania’s Transport Ministry has drafted a government emergency ordinance seeking to outlaw the practice of hitchhiking, saying it affects the activity of passenger transport companies, the...