Romania considering confiscating revenues generated by fuel price gouging

Romania is considering confiscating the revenues made by the petrol stations by price gouging and issuing fines of between 2,000 and 100,000 lei, National Consumer Protection Authority (ANPC) Chairman Horia Constantinescu announced on Thursday."We are considering penalising an incorrect commercial practice and issuing decisions for each of the petrol stations following it. We are looking at whether or not some of the stations hike prices just because the ...

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