Insight

10% of Annual Turnover is the Price to Pay for Entering into Prohibited Agreements and Abusing Dominance

December 01, 2008


Many managers in Bulgaria still wonder: ”What is wrong with discussing the price of your product or the cost of your raw materials with your competitors?”. The new Bulgarian Protection of Competition Act provides a clear and stark answer – it could cost your company 10% of its annual turnover.

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