Billa and SPAR Romania fined by Competition Council

By: trademagazin Date: 2008. 10. 22. 00:00

The two companies have provided inaccurate information in a district investigation concerning the food products trade.

As reported by Planet Retail, Rewe-owned Billa
and SPAR Romania have been fined by the Competition Council
USD849,256 and USD101,225 respectively. These sums represent 0.2% of
their turnover in 2007. According to the Council, the sanctioned
companies provided incorrect data regarding the absence in their
commercial contracts of a client stipulation. This article constrains
the supplier to offer the retailer the best price on the market for
the contracted goods. “The impact of this stipulation on the market
represents one of the important elements of the Council’s
investigation, together with the impact of shelf prices and the
horizontal and vertical relations in this sector,” asserted
officials from the Competition Council.