BUCHAREST (Romania), December 10 (SeeNews) – Romania’s anti-trust body said on Thursday it has fined 48 companies operating on the local bread market some 6.3 million lei ($2.2 million/1.5 million euro) over price fixing.
Out of the total, 31 companies based in the southeastern county of Vrancea were fined 5.7 million lei for setting a price of 2.13 lei per kilogram of white bread, compared to a price of 1.56 lei prior to the cartel agreement, the competition council said in a statement.
The other 17 companies operate in the northwestern county of Maramures and were fined a combined 624,000 lei, also for price-fixing.
The companies can appeal the competition council's decision within 30 days.
(1 euro = 4.2365 Romanian lei)