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18 investigations and 31.49 million euro fines implemented by the Competition Council in 2010
11.01.2011, 13:46 | Finance-Banks | 696 views
The Competition Council concluded 18 investigations of which 11 were older than 3 years and applied fines worth 31.49 million euro compared to six investigations concluded in 2009 and 2.3 million euro fines, a report of the institution released on Tuesday reads. 49 companies and an association were sanctioned last year for anti-competition policies and inaccurate information (Raiffeisen Bank). The biggest fine was given to the Romanian Post Office of 103.3 million lei, representing 24.06 million euro. Read more on Hotnews.ro
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