Bulgaria's CPC Fines Sofia Heating Utility over Dominant Position

Business | May 19, 2014, Monday // 15:04
Bulgaria: Bulgaria's CPC Fines Sofia Heating Utility over Dominant Position Photo by BGNES

The Competition Protection Comission (CPC) has fined Toplofikatsia, Sofia's heating utility, for occupying a dominant position on the market.

Toplofikatsia is now due to pay BGN 62 000 of fine after the competition watchdog ruled it was imposing the same prices to companies distributing its heating energy. The Commission says this deprives consumers of the opportunity to choose a provider according to the "pricing" criteria.

With its actions, the heating utility hinders competition on the market of heating distribution, as the regulator's position was quoted by Dariknews.bg.

The decision can be appealed with the Supreme Administrative Court.

Toplofikatsia is yet to comment on the ruling.

Business » Be a reporter: Write and send your article
Tags: Toplofikatsia, Competition Protection Commission, CPC, Supreme Administrative Court

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria