Romania’s Competition Council Issued Fines Worth EUR83.5M In 2011
The Romanian competition council applied fines worth a total EUR83.5 million in 2011, representing 80% of all fines issued by the institution in its 14 years of activity, Thursday said Bogdan Chiritoiu, the body’s president.
In 2010, the competition council applied fines worth a total EUR31.5 million.
“The council’s activity stabilized in 2011, we have completed a series of investigations, which was also seen in the volume of fines applied,” Chiritoiu said.
The competition council completed 24 investigations regarding violations of the competition law. Among these, 11 probes concluded with sanctions, including two verdicts of abuse of dominant position.
Citește și
2 min
Ziarul Financiar
1 min
Ziarul Financiar
3 min
Ștefan Stan