Romania's competition body slaps EUR 26.6 mln fine on three companies on tobacco market
The Romanian Competition Council has fined Philip Morris Trading, Interbrands Orbico, and Mediaposte Hit Mail with fines totaling RON 135.2 million (EUR 26.6 million) for participating in anti-competitive agreements on the heated tobacco…
iulian ernst · Journalist
· Updated · 2 min read
The Romanian Competition Council has fined Philip Morris Trading, Interbrands Orbico, and Mediaposte Hit Mail with fines totaling RON 135.2 million (EUR 26.6 million) for participating in anti-competitive agreements on the heated tobacco products market. The decision is enforceable.
Following an investigation, the competition authority said it found that there were agreements between Philip Morris Trading and each of the distributors Interbrands Orbico and Mediaposte Hit Mail aimed at fixing resale prices for Philip Morris' IQOS heated tobacco products.
