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 Joint Governance Council will work intensively, and after Tuesday, it will begin appointing deputy ministers and regional governors, said GERB leader Boyko Borissov in parliament. The Joint Governance Council is established as a decision-making..
The National Employment Agency will create a register of economically inactive Bulgarians aged between 16 and 65 who are neither studying nor working. This is outlined in a draft decree of the Council of Ministers. According to data from the National..
The third group from the 33rd Bulgarian Antarctic Expedition arrived at Livingston Island on January 17. The Bulgarian research vessel "St. St. Cyril and Methodius" welcomed and transferred the Antarctic team from King George Island to Livingston..
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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