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.
On Friday , the lowest temperatures will be between minus 5 and 0°C. In Sofia it will be around minus 3°C. In the morning hours along the riverbanks and around water basins there will be reduced visibility. It will be sunny during..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President Christine Lagarde and Eurogroup President Pascal Donahue. On the sidelines of the European Council meeting..
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Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
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