competition council

Competition Council Sets Off Inquiry Into Romanian Cement Market

15:20, 24 Oct. 2018
Romania’s Competition Council on Wednesday said it started an investigation into possible anticompetitive agreements on the local cement manufacturing and sale market between the companies Holcim (Romania) SA, CRH Ciment (Romania) SA and Heidelbergcement Romania SA.

Competition Council Clears Takeover Of Veneto Banca Bucharest Division By Intesa Sanpaolo SpA

17:58, 25 Oct. 2017
Romania’s Competition Council has approved the transaction whereby Intesa Sanpaolo SpA has acquired the banking network held by the Bucharest subsidiary of Veneto Banca SpA Italia Montebelluna.

Competition Council Fines Siveco And Intrarom A Total EUR1.75M

19:28, 27 Iul. 2017
Romania’s Competition Council fined two IT companies a total RON8 million (nearly EUR1.75 million) for rigging a public acquisition procedure organized by the agriculture paying agency APIA in 2008 to award a frame agreement for services aimed at extending and developing the computer system.

Competition Council Clears Takeover Of Fidelis Energy’s Client Portfolio By RWE Energie

19:12, 25 Mai 2017
Romania’s Competition Council has approved the transaction whereby electricity and natural gas supplier RWE Energie acquires the client portfolio of Fidelis Energy.

Competition Council To Complete Inquiry Into Insurance Companies

14:46, 18 Mai 2017
Romania’s Competition Council is set to complete, in a few months’ time, an investigation targeting local insurance companies suspected of exchanging information in order to raise the price of the products they sell, antitrust regulator head Bogdan Chiritoiu said on Thursday.

Court Suspends Fine Against Romanian Mobile Operators Orange, Vodafone

19:28, 09 Iun. 2011
The Bucharest Court of Appeals on May 19 suspended the execution of a decision by the Competition Council, whereby mobile operators Orange Romania and Vodafone Romania, are to pay fines in the combined amount of EUR63 million.

Romanian Antitrust Body Asks Govt For Delay In Fuel Inquiry – Sources

18:36, 09 Mart. 2011
Romanian Competition Council asked the government to extend the deadline by which the authority had to present the conclusions of its investigation on the price increases on the local fuel market, people close to the matter told MEDIAFAX.

Orange, Vodafone Romania Fined EUR63M For Abuse Of Dominant Position

13:50, 15 Feb. 2011
Romania’s Competition Council fined mobile operators Orange Romania and Vodafone Romania EUR63 million for abuse of dominant position, Competition Council president Bogdan Chiritoiu said Tuesday.

Several Romanian Mandatory Private Pension Funds Fined RON5.2M For Breaching Competition Law

14:12, 17 Aug. 2010
Romania’s Competition Council fined 14 mandatory pension funds 5.2 million lei (EUR1=RON4.2356), after they were found to have “agreed” to breach the law regulating the distribution of contributors to two or more mandatory private pension funds.

Romanian Competition Auth Looks Into National Pwr Cos Adequacy

13:53, 26 Apr. 2010
The Romanian Competition Council initiated an investigation on the creation of the two national power companies, Electra and Hidroenergetica, to evaluate the impact of this operation on the markets involved.

Romania’s Competition Council Might Fine Another Bank For Inexact Data

14:38, 22 Apr. 2010
Romania’s Competition Council is investigating another lender for providing inexact data, after it fined Raiffeisen Bank for the same reason, the watchdog’s president Bogdan Chiritoiu said Thursday.

Cosmote Romania Cleared To Taker Over Telemobil – Competition Watchdog

16:29, 27 Oct. 2009
Romania’s competition watchdog on Tuesday cleared Cosmote Mobile Telecommunications to take over mobile telephony operator Telemobil, the regulator said in a press release Tuesday.

Romania’s Competition Council Investigates Alleged Infringements On Drug Mkt

12:54, 11 Sept. 2009
Romania’s Competition Council initiated four investigations on possible infringements of competition laws on the local wholesale drug market, searching for mutual agreements between producers and distributors.

Romanian Ctrl Bk Adviser: Lenders Hiked Interests Following The Market

13:59, 24 Iun. 2009
Romania’s Competition Council is wrong in its allegation that banks have agreed on fixing interest rates, as the rate increases were caused by a market phenomenon called "prices sympathy”, said Wednesday Adrian Vasilescu, an adviser of the central bank’s governor Mugur Isarescu.

Romanian Competition Council OKs Raraul Takeover By Albalact

14:45, 12 Ian. 2009
Romanian Competition Council approved the sole takeover of Raraul company by dairy maker Albalact Alba Iulia (ALBZ.RO), saying there are no serious doubts regarding the compatibility with a normal competition environment.

Romanian Competition Auth Looks Into Curiero Takeover By RTC Holding

15:09, 15 Iul. 2008
Romania’s Competition Council started checkups to see if the takeover of courier company Curiero by RTC Holding breaches competition rules.