OMV Petrom S.A.
Approved Evidence
Added to Rotten Company: 8/26/2026
Conduct/Event period: 2007–2008
Ongoing: No
Resolution status: Resolved
Resolution date: April 21, 2016
OMV Petrom fined in Eco Premium gasoline cartel case
Summary
Romania's Competition Council found that OMV Petrom and five other fuel companies participated in an agreement or concerted practice to stop selling Eco Premium gasoline, infringing Romanian competition law and Article 101 TFEU. The authority initially fined OMV Petrom RON 366.53 million. OMV Petrom challenged the decision; in April 2016 Romania's High Court partially annulled the decision as to the amount and reduced OMV Petrom's fine to about RON 298 million, with the ruling final. Sources: https://www.oecd.org/content/dam/oecd/en/publications/reports/2013/11/competition-in-road-fuel_24734d9e/272e3238-en.pdf and https://www.omvpetrom.com/
Evidence Weight
100.00
Severity: medium
Recency Weight: 99.99952687901128
File Weight: 1