Romanian Tourism Association, 13 Agencies Fined EUR2.45M for Antitrust Practices

Romania's antitrust authority has fined 13 tourism agencies and the country's national tourism association ANAT a total of EUR2.45 million for acting concertedly to keep vacation prices high. The antitrust watchdog found that, during the period June 2013 – September 2016, 13 tourism agencies coordinated their commercial practices and exchanged sensitive information so as to not allow discounts or price drops for vacation ...

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