Four Romanian companies fined EUR 5.6 mln for bid rigging
Condmag and Inspet were fined EUR 1 million and EUR 1.6 million respectively, while Moldocor got a EUR 500,000 fine, and TMUCB, the highest fine, of EUR 2.5 million. The first two companies agreed on correlating their offers, the same as the last two. Romania's Competition law forbids any kind of understanding between companies or associations, if it distorts competition.
editor@romania-insider.com