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Romania: Competition regs net triple the fines seen in 2012

By  |  April 9, 2014

Romania’s Competition Council has reportedly netted three-times the amount of fines it issued in 2012 last year, amounting to more than $27.5 million in sanctions.

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    But despite the increase, reports say the fines were fifteen times less than those netted in 2011 following sanctions issued against major corporations, including telco giants Orange and Vodafone.

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    The Council also reported a total of 18 new investigations launched in 2013; six of those involved market probes.

    Full Content: Romania Insider

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