Chiritoiu: Non-resident companies in Romania will be fined depending on turnover at global level

Non-resident companies in Romania will be fined depending on the turnover at a global level, once the Competition Law is amended, said Bogdan Chiritoiu, the head of the Competition Council.The Government approved last week Emergency Ordinance 170/2020 regarding the amendment of the Competition Law, which provides, among other things: "Contraventions under this definition will be punished with a fine that cannot exceed 10 pct of the total global turnover ...

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