Best Antitrust Lawyers in Romania

About Antitrust Law in Romania

Antitrust law in Romania, also known as competition law, is designed to promote fair competition and protect consumers from anti-competitive practices. The main legislative framework governing antitrust in Romania is the Competition Law, which prohibits agreements that restrict competition, abuse of dominant position, and mergers that may significantly lessen competition in the market.

Why You May Need a Lawyer

You may need a lawyer in antitrust matters if you are facing allegations of anti-competitive behavior, are involved in a merger that may raise competition concerns, or need advice on compliance with competition regulations. A lawyer can help navigate complex antitrust laws and represent your interests in investigations and legal proceedings.

Local Laws Overview

In Romania, the Competition Council is the main regulatory authority responsible for enforcing competition laws. Key aspects of local laws include prohibitions on cartels, abuse of dominant position, and control of mergers and acquisitions. It is important to comply with these laws to avoid hefty fines and other penalties.

Frequently Asked Questions

1. What is considered an anti-competitive agreement in Romania?

Any agreement between competitors that restricts competition, such as price-fixing or market-sharing, is considered anti-competitive and illegal in Romania.

2. How does the Competition Council investigate antitrust violations?

The Competition Council may conduct investigations based on complaints or its own initiative. They can request information, conduct raids, and impose fines for violations.

3. Can I appeal a decision of the Competition Council?

Yes, decisions of the Competition Council can be appealed to the Bucharest Court of Appeal within 30 days of notification.

4. What are the penalties for violating antitrust laws in Romania?

Penalties for antitrust violations in Romania can include fines of up to 10% of the company's revenue, divestiture of assets, and other corrective measures.

5. Do small businesses also have to comply with antitrust laws in Romania?

Yes, antitrust laws apply to all businesses, regardless of size. Small businesses should also ensure compliance with competition regulations.

6. Can I consult with a lawyer before entering into a merger to ensure compliance?

Yes, it is advisable to seek legal advice before entering into a merger to ensure compliance with competition laws and avoid potential issues.

7. How long does an antitrust investigation typically take in Romania?

The duration of an antitrust investigation in Romania can vary depending on the complexity of the case, but it usually takes several months to complete.

8. Are leniency programs available for companies that report anti-competitive practices in Romania?

Yes, the Competition Council offers leniency programs for companies that self-report cartel behavior and cooperate with investigations.

9. Can individuals be held personally liable for antitrust violations in Romania?

Individuals involved in antitrust violations, such as company executives or employees, can be held personally liable and face fines or other penalties.

10. How can I stay updated on changes to antitrust laws in Romania?

You can stay informed about changes to antitrust laws in Romania by regularly checking the Competition Council's website, attending industry seminars, or consulting with legal experts.

Additional Resources

If you need further assistance with antitrust matters in Romania, you can contact the Competition Council, the Romanian Bar Association, or legal firms specializing in competition law.

Next Steps

If you require legal assistance in antitrust matters in Romania, it is recommended to consult with a knowledgeable lawyer who can provide guidance and representation throughout the process. Be prepared to provide relevant information and documents to support your case.