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Proceedings Against Bulgarian Subsidiary of OMV Stopped

Published: August 1, 2012; 17:12 · (Vindobona)

The Bulgarian Competition Authority KZK stopped investigations against OMV Bulgaria, Rompetrol, Lukoil and Naftex Petrol. The companies were suspected of price fixing.

Proceedings Against Bulgarian Subsidiary of OMV Stopped / Picture: © OMV AG

Today, Bulgarian KZK announced that the proceedings were stopped. The companies have made suggestions to improve the competition in Bulgaria. As a result, there is no reason of continuing the proceesings anymore, KZK said. Moreover, the Bulgarian Competition Authority explained that Lukoil did not abuse ist market power.

In March, KZK began investigations against the companies,…

This article includes a total of 234 words.

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