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.
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 government. As part of the campaign, the UK will lead a new global alliance to advocate for sustainable and..
The book "Royal Bulgaria (1879-1946). The Bulgarian Royal Court (personalities, positions, biographies)" by the authors prof. Peter Stoyanovich and Assoc. Prof. Ivaylo Shalafov is on the shelves of bookstores. The luxury edition with more than 650..
Saturday will be sunny in most parts of the country. In the lowlands and river plains of southern Bulgaria there will be fog or low clouds, which will clear by midday in most places. Lows will be between minus 6 and minus 1°C, with Sofia around minus..
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..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
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..
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