Hidroelectrica received a 4.6 million euros fine for damaging energy trading contracts

Hidroelectrica received a sanction of about 20.44 million lei (4.6 million euros) from the Competition Council (CC), together with 10 business partners, related to conclusion of cartel deals in production and sale of electricity, announces the competition authority. The investigation started in 2012, energynomics.ro reports. Hidroelectrica, Elsid and Electrocarbon admitted committing the facts and received reduced fines. The total fines in this case ...

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