Representatives of local pharmaceutical companies told Chiritoiu on Tuesday that the antitrust legislation must be made more flexible. Chiritoiu, in turn, said the watchdog has already reduced sanctions in some cases by eliminating fines for certain activities.
The World Bank will provide consultancy services to Romania’s antitrust watchdog within a contract of 19.84 million lei (nearly EUR4.44 million), which will allow the latter to optimize its activity, the watchdog said in a press release Tuesday.
Chiritoiu said earlier Tuesday that the project, which will be carried out over a 24-month period, targets to strengthen the antitrust watchdog as a key institution of the central administration and improve on antitrust operations in a move to contribute to the optimization of Romania’s economic sectors to the benefit of consumers. (EUR1=RON4.4646)