03.19.2012

The Romanian Competition Council said Monday it slapped several pharmaceutical companies with fines worth a total EUR12 million for sealing anti-competition agreements. more

03.19.2012

Romania’s Competition Council has closed an investigation into local drug wholesalers without levying any sanctions although the investigation report sets fines up to 4% of turnover for the more

03.13.2012

The validity period of mobile telephony licenses should be shorter to allow for a more frequent reconfiguration of the market, Competition Council vice-president Valentin Mircea said Tuesday. more

02.23.2012

Romania’s Competition Council on Thursday approved the creation of the Oltenia thermal power producer, which clusters state-owned units Craiova, Rovinari, Turceni and coal company SNLO. more

02.16.2012

Romania’s Competition Council is looking into allegations that 11 construction companies have rigged bids for public works contracts on roads in capital Bucharest. more

02.03.2012

Austrian oil and gas group OMV Friday said it booked a special charge of some EUR120 million in the fourth quarter of 2011, for the fine imposed by Romanian competition authorities to OMV Petrom more

01.26.2012

The Bucharest Court of Appeals cancelled a 391,809 lei (EUR90,286) fine applied by the Competition Council in 2010 against private pension fund BCR Pensii for breaching the law regulating the more

01.17.2012

Renewable energy will soon have to stop relying on government support, since companies investing on this segment are “spoiled” with state aid, Tuesday said Valentin Mircea, vice-president of the more

01.11.2012

The Competition Council on Tuesday delivered the most eagerly awaited verdict of a probe, saying that the major oil companies were guilty of having reached an understanding to withdraw a type of more

01.10.2012

Oil company MOL Romania on Tuesday said it will challenge in court the 80.27 million lei (EUR18.5 million) fine received from the Competition Council within a fuel market probe involving several oil more

01.10.2012

Petrom group on Tuesday said it will challenge in court the fine received from Romanian competition authorities following a fuel market probe, saying the measure is unjustified. more

01.10.2012

Cheap gas deliveries to InterAgro group's plants did not raise any competition red flags, buts this does not mean the state was not prejudiced, Tuesday said Bogdan Chiritoiu, president of the Romanian more

01.10.2012

Rompetrol, one of the six oil companies fined by the Romanian Competition Council within a fuel market probe, Tuesday said it will challenge the fine in court, since it considers it illegal and more

01.10.2012

Romanian antitrust regulator Tuesday fined six top players in the oil industry, including OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO), with a total amount of around 880 million lei (EUR205 more

01.10.2012

Romania’s top oil companies were fined with amounts of up to 3% of their sales reported for 2010 following a probe into the local fuel market, people familiar with the situation told MEDIAFAX more

01.05.2012

The Romanian Competition Council will present next week the results of its fuel market investigation, recommending fines that are below the 10% of turnover ceiling, the authority’s president Bogdan more

01.05.2012

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 more

12.29.2011

Selling the results of experiments sent to the authorities to request authorization for pharmaceutical or chemical products may be punished by six months to five years in prison, under the Romanian more

12.21.2011

The Romanian Competition Council's report on the fuel market investigation recommends differentiated fines between companies, the body's president, Bogdan Chiritoiu, said Wednesday. more

12.19.2011

Romanian competition authorities performed inspections at three meal voucher issuers--Edenred, Sodexo Pass and Cheque Dejeuner--following suspicions of agreement between the three. more

12.12.2011

Romania’s largest lender Banca Comerciala Romana (BCR) has a big opportunity in terms of repricing and competitiveness, as its main rivals are undergoing a series of management or structural more

12.08.2011

Romania’s gas market is not integrated into the EU market because of price disparities, Competition Council president Bogdan Chiritoiu said Thursday. more

11.28.2011

Romanian Competition Council on Monday said it has approved the merger between Alpha Bank and EFG Eurobank, where the former absorbs the latter, concluding that antitrust regulations are not breached. more

11.17.2011

Businesspeople in Romania fail to understand and assume the concept of competition, and arbitrarily deem situations that “don’t suit them” as unfair competition, Competition Council more

11.17.2011

Romanian authorities will complete this winter an ordinance aimed at regulating unfair competition, Bogdan Chiritoiu, president of the Competition Council, said Thursday, adding that duties in this more