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Romanian High Court Trims Fuel Cartel Fines By $24.2M

By Jeff Zalesin (April 25, 2016, 9:44 PM EDT) -- Romania's competition enforcer said Monday that the country's high court has upheld the agency's finding that OMV Petrom and a unit of Lukoil participated in a fuel cartel but reduced Petrom's fine by 68.7 million lei ($17.3 million) and Lukoil's by 27.3 million lei ($6.9 million)....

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