The Romanian Competition Authority fines national association and 16 financial companies EUR 8.47 million for exchanging information (ALB / BCR Leasing / BRD Sogelease)

The Competition Council has fined the Romanian Association of Financial Companies and 16 financial companies euro 8.47 million* The Competition Council has fined the Association of Romanian Financial Companies (hereinafter ALB) and 16 member companies lei 41,251,774 (approx. Euro 8.47 million) for violating the competition law by participating in an exchange of commercially sensitive information. The competition authority found, following an investigation, that along with information on current and future financing value, some highly detailed elements were

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Romanian Competition Authority, The Romanian Competition Authority fines national association and 16 financial companies EUR 8.47 million for exchanging information (ALB / BCR Leasing / BRD Sogelease) , 21 January 2021, e-Competitions January 2021, Art. N° 98887

Visites 165

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues