A PYMNTS Company

Bulgaria: Competition authority fines Romanian eMAG

By  |  June 5, 2016

The Bulgarian Committee for Competition Protection has fined Romanian company Dante International, the owner of the online retailer eMAG, with EUR 2.3 million for breach of competition rules during promotional campaigns.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Bulgarian authorities have sanctioned the company after receiving a complaint from a competitor of eMAG, reports local Profit.ro. The Romanian online retailer promised significant discounts during “Black Friday” and “Crazy Days” shopping events of up to 70%, but the real discounts were between 30-40%, reads the complaint.

    eMAG wants to challenge the decision, and even bring the case in front of the European Commission. It’s not the first time when the Bulgarian Committee for Competition Protection fines Dante International.

    Full Content: Romania Insider

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.