12.23.2022

Romania’s Competition Council has slapped eight companies that sell products and personal protective equipment for work safety and healthcare industry with fines amounting to RON4.88 million more

01.26.2021

Romania's financial supervisory authority has fined members of the management and supervisory boards of City Insurance, the biggest insurance company on the local market, a total of RON3.8 million. more

01.19.2021

Romania’s Competition Council has imposed over EUR70 million in fines in 2020, the year which came after a period of transition during which the antitrust body did not finalize a large number of more

01.12.2021

Romania's Competition Council on Tuesday said it has fined the association of financial companies in Romania (ALB) and 16 member companies a total RON41.2 million (nearly EUR8.47 million) for more

01.08.2021

Romania's Competition Council said Thursday it has fined nine companies active on the agricultural machinery market a total RON127 million (nearly EUR26.5 million) for fixing the sale price of the more

01.31.2019

Romania's antitrust body said Thursday it has fined retailers Auchan, Cora and Carrefour, as well as four of their suppliers, a total of RON87.7 million (EUR18.8 million) for price fixing. more

01.15.2018

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 antitrust more

01.19.2017

more

12.09.2016

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 the more

05.23.2016

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, Council more

01.11.2016

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 production more

06.08.2015

Romania's antitrust authority has won a lawsuit maintaining fines it applied to TMUCB, Moldocor, Condmag and Inspet for rigged auctions back in 2012. more

04.16.2015

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 said in more

01.13.2015

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 more

01.13.2015

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 between 2005 more

12.22.2014

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 for drilling more

10.05.2014

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, Interex and more

09.30.2014

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 antitrust fines more

09.30.2014

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 fining by more

05.06.2014

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 president more

03.11.2014

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-president more

01.16.2014

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 more

01.13.2014

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 April more

12.17.2013

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 state more

11.01.2012

Romania’s Competition Council on Thursday said it fined four companies a total 25.5 million lei (around EUR5.6 million) for having colluded to rig bids at two auctions organized by natural gas more