OMV Petrom Marketing loses lawsuit against Competition Council, will pay smaller fine

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OMV Petrom Marketing SRL has lost the lawsuit against the Competition Council, but the High Court of Cassation and Justice (ICCJ – Supreme Court) has ruled that the fine should be lower: RON109.8 million instead of RON 137 million, hotnews.ro informs. The ruling is final.

The gas and oil giant was found guilty of participating in a cartel, along with other companies operating on the fuel market, the Competition Council said in a statement. The most important lawsuit, the one against OMV Petrom SA, in which a fine of RON 366.5 million is challenged, is still pending in court. The competition authority has fined both the company OMV Petrom SA and an OMV group- company, Petrom Marketing SRL.

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