The Romanian Competition Authority finds no abuse of dominance in a situation of monopsony on the steel products market (Cost / Sterom)

On 22 December 2010 the Romanian Competition Authority (CC) [1] completed its investigation into the possible abuse of dominance on the market for the cold drawn alloy steel bars manufactured by SC COST SA (COST). The CC's investigation was prompted by a complained lodged by SC PCC STEROM SA (STEROM), a company that was buying steel bars from COST and used them for manufacturing of certain spare parts used in petroleum industry. In its submission STEROM complained that COST has infringed national equivalent of Article 102 TFEU by (1) imposing unfavourable prices, (2) imposing contractual penalties for

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  • University of Macau - Faculty of Law (Macau)

Quotation

Alexandr Svetlicinii, The Romanian Competition Authority finds no abuse of dominance in a situation of monopsony on the steel products market (Cost / Sterom), 22 December 2010, e-Competitions Buyer power in agreements and abuse of market power, Art. N° 34943

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