Romanian Competition Auth To Complete Fuel Mkt Probe By Midyear

Publicat: 12 04. 2011, 15:04
Actualizat: 07 11. 2012, 07:11

„We expect the investigation to be complete by mid-2011, and after we send it to the European Commission, we will have a reaction from them and hear out all parties involved. After that, we will make a decision,” Chiritoiu told a news conference.

However, Chiritoiu added, the Romanian Competition Council cannot interfere with prices in the market, and it can only ensure the efficient functioning of markets, where companies set prices on their own.

The fuel market investigation started in 2005, and it was refreshed in 2009 when the case team was changed.