Bulgaria’s competition watchdog ends fuel cartel investigation without fines

For the second time in less than five years, the Commission for Protection of Competition (CPC) in Bulgaria ended an investigation into allegations of a price-fixing cartel on the fuel distribution market without imposing any fines, only accepting the proposals put forth by fuel retailers meant to fix competition issues.

The watchdog’s statement on March 29 said that CPC carried out a series of on-site inspections, requested a large amount of data and carried out an analysis of the behaviour of fuel retailers. The statement did not say whether the watchdog found enough evidence to support its accusations of a price-fixing cartel, first made in October 2016.