The Commission for Protection of Competition has filed cartel claims against six petrol and diesel retail companies-Lukoil Bulgaria EOOD, Eco Bulgaria EAD, Shell Bulgaria EAD, OMV Bulgaria OOD, Nis Petrol EOOD and Petrol AD. Based on inspections and analyses, CPC believes that the actions of the abovementioned companies were “violation consisting of prohibited agreement and/or coordinated practice of exchange of pricing information and conducting a common price policy and exchange of information on sales volumes and of other market information for the purposes of pricing cooperation aimed at restricting, preventing and violating the competition on the market of diesel and petrol in Bulgaria”. Theoretically, if the Commission for Protection of Competition manages to prove the existence of a cartel in court, each company may be fined with up to 10% of its annual turnover. In 2015 the total turnover in that sector amounted to just over EUR 3 billion, Capital daily comments.
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President Rumen Radev on the occasion of the 147th anniversary of the Liberation of Bulgaria. On behalf of..
There are positive demographic trends in the country, but no one talks about them, Associate Professor Georgi Bardarov said in an interview with bTV. The head of the Department of Socio-Economic Geography at Sofia University emphasized that 10 years..
The US Department of State congratulated Bulgaria on March 3. On behalf of the United States of America, please accept my warmest congratulations on your Day of Liberation, reads the congratulatory message published on the Department of State website...
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Twenty-five children and young people who survived kidnapping by the terrorists from Hamas in the tunnels under Gaza, or whose parents are still held..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
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