The Romanian Competition Authority fines six companies for bid-rigging in the market of electricity consumption equipment (ECRO)

The Competition Council applied fines of 73 millioan lei to 6 companies for the bid-rigging in the field of electricity comsumption equipment* The Competition Council sanctioned with fines totaling 73,100,870.37 lei (about € 15.8 million) six companies for the conclusion of two anticompetitive agreements on the market of meters and related equipment for electricity measurment. The fines applied are: 1. ECRO S.R.L.: 2. ELECTROMAGNETICA S.A.: 3. ELSTER ROMETRICS S.R.L.: 4. ENERGOBIT S.A.: 5. LANDIS+GYR AG.: 6. S.E. ELECTRICA S.A.: 526,201.11 lei (€ 113,709.29);

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Romanian Competition Authority, The Romanian Competition Authority fines six companies for bid-rigging in the market of electricity consumption equipment (ECRO), 22 January 2018, e-Competitions January 2018, Art. N° 86006

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