Romanian regulators fined three cement firms $43.7 million for price-fixing, boosting competition.

Romania's Competition Council fined three cement companies—Holcim Romania, Romcim, and Heidelberg Materials Romania—totaling RON217.96 million (about EUR43.7 million) for coordinating pricing policies. The companies exchanged sensitive information such as future prices and discounts, leading to reduced competition and higher cement prices. The council aims to uphold fair competition in the market.

2 months ago
8 Articles