Rotten Company

Altex România S.R.L.

Approved Evidence

Added to Rotten Company: 8/26/2026
Conduct/Event period: 2019–2021
Ongoing: No
Resolution status: Resolved
Resolution date: February 8, 2024
misconduct

Altex Romania fined RON 21.38 million in electronics resale-price fixing case

Summary

Romania's Competition Council sanctioned Altex Romania, Dante International, Flanco Retail and Samsung Electronics Romania and Bulgaria for an anticompetitive agreement affecting televisions and mobile phones during 2019-2021. The authority said resale prices were fixed between Samsung and each retail partner, restricting independent retail pricing. Altex Romania received a RON 21,376,113 fine. Source: https://agerpres.ro/economic/2024/02/08/consiliul-concurentei-a-amendat-cu-123-milioane-de-lei-patru-companii-din-retailul-electro-it--1245657

Evidence Weight
99.99
Severity: high
Recency Weight: 99.9900495153507
File Weight: 1