Thus, Rompetrol Downstream SRL will have to pay RON122.73 million while ENI Romania SRL will pay RON8.61 million.
Early July, the court also ruled irrevocably that oil group MOL breached antitrust regulations, but also reduced the company’s fine to RON64.2 million from RON80.2 million.
OMV Petrom SA, OMV Petrom Marketing SRL and Lukoil Romania SRL, which also challenged the decision in court, expect the ruling in the upcoming period.
At the end of 2011, the antitrust authority fined six oil companies a total of RON880 million (EUR205 million) for breaching antitrust law by forming a cartel, agreeing to withdraw a type of fuel from the market and replacing it with a more expensive one, thus hurting end-consumers.
The Competition Council fined ENI, MOL, OMV-Petrom, Lukoil, OMV Petrom Marketing, and Rompetrol, all of which challenged the decision in court.