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.
The SDS (Union of Democratic Forces), GERB's coalition partner, has reservations not only towards the BSP, but also towards "Democracy, Rights and Freedoms" around Ahmed Dogan. According to the leader of the SDS and co-chairman of the GERB-SDS..
A green ticket worth 1 lev for a whole day of travel on Sofia's public transport and free parking in the metro's buffer parking lots is being introduced for today and Monday (January 19 and 20), the Sofia Municipality announced. The measure is..
On the Bulgarian border with Turkey , traffic is extremely heavy at the Kapitan Andreevo and Lesovo border checkpoints at the exit for trucks, the Border Police reported as of 6:00 this morning. Temporarily, the passage through the Malko Tarnovo..
A global campaign focusing on the right of every child to grow up in a family environment has been launched in Sofia on the initiative of the UK..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
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