Sofia Water Utility Fined BGN 4.8M for Dominant Position Abuse

Business | May 29, 2014, Thursday // 13:24
Bulgaria: Sofia Water Utility Fined BGN 4.8M for Dominant Position Abuse Photo by

Bulgaria's Commission for Protection of Competition has imposed a fine on water utility Sofiyska Voda for BGN 4,800,600 for abuse of a dominant position.

The sanction is imposed for charging interest for late payments of company accrued liabilities for the supply of drinking water, disposal and treatment of waste water on the territory of Sofia Municipality during the months without metering device accounts which affects the interests of consumers and is an imposition of unfair trading condition.

The decision of the Competition Protection Commission may be appealed before the Supreme Administrative Court.

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Tags: Sofiyska Voda, abuse of dominant position, water utility, fine, Commission for Protection of Competition
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