Tag results for 'benchmark setting'
ROBOR and competition law: Romania’s landmark benchmark-setting investigation
The Romanian Competition Council has sanctioned ten banks for alleged coordination in the ROBOR (Romanian Interbank Offer Rate) benchmark-setting process, imposing fines totalling approximatively €700m. The case is significant not only as a major domestic enforcement development, but also as a national application of EU competition law to benchmark-related conduct, in line with the European Commission’s precedents.
Released on Aug 10, 2026