Bulgaria Competition Watchdog Fines 'Metro' Wholesaler

Business | April 9, 2010, Friday // 13:32|  views

The wholesale trader “Metro Cash and Carry” was fined by Bulgaria's Competition Commission for their ad for the Barum Polaris automobile tires. Photo by BGNES

Bulgaria's Commission for Competition Protection (KZP) had fined the wholesale trader “Metro Cash and Carry” with BGN 97 500 over a misleading advertisement.

KZP announced the information Friday, reporting they have also mandated the company to stop the distribution of their ad for the Barum Polaris automobile tires.

The Commission believes the Metro brochures advertise products that are not offered for sale by the company or list product details which do not correspond to the brochure's description, both deemed by KZP misleading for the consumers and harmful for the competition.

KZP further say they have taken into account the length and type of the violation and the financial state of the company when determining the amount of the fine.

Metro had not appealed the sanction.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Tags: Metro Cash and Carry, KZP, competition


» Related Articles: