Send to Kindle
The Sofia municipal heating utility has been fined for abusing its monopoly market position. File photo
The Bulgarian Commission for Protection of Competition, KZK, has imposed a fine of BGN 338 094 on the Sofia municipal heating utility "Toplofikatziya" for a monopoly position on the shared distribution of heating energy.
The monopoly on shared distribution of heating energy between consumers in apartment buildings and condominiums can prevent, restrict, or violate competition and inflict on the interests of consumers by obstructing the emergence of a new bidder on the market for such distribution.
The claim against the heating utility has been logged by the heating accounting company "PMU Engineering."
The KZK probe had established that "Toplofikatsiya Sofia" has abused its monopoly position on the market by delaying the market entering of "PMU Engineering" in refusing for three months to sign a contract with it.
The heating utility had also used its monopoly position to attract customers of its competitor, the probe has concluded.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Sofia's Lunar Festival of Lights is back, illuminating the city with more than 20 captivating light installations across its most iconic landmarks.
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The concluded winter presented unusually elevated temperatures and a 'milder' heating season for thousands of Bulgarians
In a chilling turn of events, the lifeless body of a man was discovered in Sofia's "Zapaden Park" yesterday, as reported by NovaTV
In connection with the replacement of a shut-off valve on "Beli Dunav" street, district "Nadezhda-3" from Sofia Water warns that today (April 16) it is necessary to stop the water supply from 9:00 a.m. to 9:00 p.m.
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
