Rotten Company

NLB d.d.

Approved Evidence

Added to Rotten Company: 8/26/2026
Conduct/Event period: February 20, 2006–February 20, 2006
Ongoing: No
Resolution status: Resolved
Resolution date: 2010
misconduct

NLB found to have coordinated identical ATM withdrawal fees with rival banks

Summary

Slovenia's Competition Protection Office found that Nova Ljubljanska banka (NLB), Banka Celje, Nova KBM and Abanka Vipa acted in concert when all introduced an identical 80 SIT fee on the same day, 20 February 2006, for customers withdrawing cash with domestic debit cards from other banks' ATMs. The authority held that the coordinated conduct restricted competition and declared the relevant bank decisions prohibited and void. Banka Slovenije later reported that the competition decisions became final in 2010 and that affected banks reimbursed customers. Sources: https://www.varstvo-konkurence.si/fileadmin/varstvo-konkurence.si/pageuploads/ijz033.pdf and https://www.bsi.si/sl/mediji/objave/predstavitev-zbirnih-podatkov-vracilo-provizij-bank-za-dvig-gotovine-na-bankomatih-drugih-bank-nlb-nkbm-abanka-vipa-in-banka-celje

Evidence Weight
99.98
Severity: high
Recency Weight: 99.98094306725329
File Weight: 1