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Commission for Protection of Competition fines Lukoil Bulgaria EUR 34 million

Photo: BGNES-archive

The Commission for Protection of Competition (CPC) has levied a EUR 34 million fine on Lukoil Bulgaria for abuse of dominant position, the competition watchdog said. The investigation was prompted by complaints lodged by OMV Bulgaria and Insa Oil. Other participants in the wholesale market have also alerted the CPC.

 The Commission for Protection of Competition said that its timely intervention prevented Lukoil-Bulgaria’s goal “to gradually take over the wholesale fuel market”. According to the Commission for Protection of Competition, “the company changed its behavior” during the course of the investigation.




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