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Bulgaria Suspects OMV, Lukoil, Rompetrol of Price Fixing
Politics ♦
Published: March 17, 2012; 13:27 ♦ (Vindobona)
Bulgaria’s antitrust regulator said four fuel retailers including the Bulgarian units of OMV AG of Austria, OAO Lukoil , Russian oil producer, Rompetrol Rafinare SA and Petrol AD are suspected of being involved in price fixing.
Bulgaria Suspects OMV, Lukoil, Rompetrol of Price Fixing / Picture: © Vindobona.org
Their potential “violation consists of a banned agreement” to set prices, which “aims to avert, limit or hinder competition” on Bulgaria’s gasoline and diesel fuel wholesale market, the Commission on Protection of Competition in Sofia said on its website today.
The companies have 30 days to present their written objections to the commission before it rules on the issue,…
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