UPDATE: The Romanian Post gets nearly EUR 24mln fine, will contest the decision in court

Newsroom 20/12/2010 | 14:16

UPDATE: The Romanian Post has announced that it will contest in court the EUR 24 million fine, as it considers the decision of the Competition Council “unjustified” and “based on an incomplete investigation report.”

The Competition Council fined the Romanian Post with EUR 23.8 million, which was the highest fine that the Council has given during the last six years. This decision can be contested within 30 days.

The fine represents 7.2 percent of the turnover that the Romanian Post posted last year. The turnover amounted to nearly EUR 340 million. The maximum fine that could be applied was 10 percent of the turnover.

The fine was applied on the grounds that the Romanian Post abused of its dominant position and for its policy of granting tariff discounts to Infopress Group printing house for which the post company ships printed advertising material.

The Romanian Post is the largest post operator in Romania, which is controlled by the Ministry of Communications- 75 percent, and the Proprietatea Fund- 25 percent.