Bulgarian watchdog fails to prove six firms fixed oil prices
29/03/2017 12:07
SOFIA, March 29 (Reuters) - Bulgaria's anti-monopoly
commission said on Wednesday it had not proved price fixing
between six fuel retailers after an investigation.
In October, the commission accused Lukoil Bulgaria, part of
LUKOIL LKOH.MM , Shell Bulgaria, part of Royal Dutch Shell
RDSa.L , OMV OMVV.VI , Eko Bulgaria, unit of Hellenic
Petroleum HEPr.AT , Petrol 5PET.BB and Nis Petrol, controlled
by Russia's Gazprom Neft SIBN.MM of collaborating to fix
retail prices of diesel and gasoline. urn:newsml:reuters.com:*:nL8N1CG2QB
All the companies denied wrongdoing.
"No sufficient evidence has been found in the proceedings,"
the commission said in a statement on Wednesday.
The commission, however, imposed measures on the retailers,
obliging them to stop any exchange of information among
themselves and guarantee within one month that they would fire
staff that did not adhere to confidentiality requirements.
(Reporting by Angel Krasimirov; editing by Radu Marinas and
Susan Thomas)
((angel.krasimirov@thomsonreuters.com; +359 888 695 510;))
Keywords: BULGARIA FUEL/PRICEFIXING