Bulgaria's Competition Watchdog Files Price-Fixing Claim against 6 Fuel Companies
The Competition Protection Commission of Bulgaria (CPC) has accused six petrol and diesel retailers of forming a cartel in the fuels market.
Bulgarian Competition Watchdog Slaps Fine on Major Car Importer
Business | July 8, 2010, Thursday // 19:21
- Tweet
Send to Kindle
The representative of Mitsubishi in Bulgaria, Balkan Star Motors, was fined over an unfair competition offer. Photo by mitsubishi-motors.bg
Bulgaria’s Supreme Administrative Court has confirmed a fine on car importer “Balkan Star Motors” for what has been deemed unfair practices.
The fine of BGN 244 000 was imposed on Balkan Star Motors, the importer of Mitsubishi for Bulgaria, by the Competition Protection Commission for an offer widely advertised online.
The offer in question provided a free Mitsubishi Colt car with every purchase of a Mitsubishi Pajero jeep.
According to the competition watchdog, Bulgarian competition law prohibits the offering or presenting of additional items to a good on sale unless these items are promotional materials of little value.
The Commission has imposed the fine as soon as it found that Balkan Star Motors focused on emphasizing the fact that the second car is “free” and thus managed to make a number of sales to end consumers.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Sofiyska Voda Water Utility to Appeal BGN 4.8M Fine
Bulgaria's Sofiyska Voda water utility will lodge an appeal against the BGN 4.8M fine imposed by the Competition Protection Commission for an abuse of dominant position.
Business | May 29, 2014, Thursday // 16:31
Bulgaria's CPC Fines Sofia Heating Utility over Dominant Position
The Competition Protection Comission (CPC) has fined Toplofikatsia, Sofia's heating utility, for occupying a dominant position on the market.
Business | May 19, 2014, Monday // 15:04
Boss of US ATM Fraud Scheme 'Has Ties to Bulgarian Underworld'
Gheorgui 'Mitsubishi' Martov, the alleged boss of an organized crime group charged with credit card fraud and money laundering in Chicago has ties to organized crime in Bulgaria.
Crime | April 21, 2014, Monday // 21:52
At Least 5 Killed in Japan Chemical Plant Blast
At least 5 people have been killed in an explosion at a chemical factory in Japan's Yokkaichi city.
World | January 9, 2014, Thursday // 10:46
Bulgaria Govt Slams EU Trial over DTT Mux Deals
Bulgaria’s Socialist-backed government has harshly criticized the European Commission for taking the country to the EU's Court of Justice over the assignment of digital broadcast spectrum.
Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Bulgaria and Ukraine Forge Economic Ties: Trade Reaches $3 Billion
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
Business | April 25, 2024, Thursday // 14:23
Bulgarians' Real Estate Investments Reach 59 Countries
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's Euro Adoption Likely Postponed: Entry Date Shifts to Second Half of 2025
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
