Romania Antitrust Body Slaps Ten Banks with RON3.73B Total Fine for Alleged ROBOR-Setting Collusion

Romania Antitrust Body Slaps Ten Banks with RON3.73B Total Fine for Alleged ROBOR-Setting Collusion

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Romania’s Competition Council has fined ten banks a total RON3.73 billion (EUR710 million) for breaching competition norms by colluding in the procedure of setting ROBOR.

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Analysis

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