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Client numbers are irrelevant to Romanian pension case, EU court rules

By Lewis Crofts ( July 16, 2015, 14:08 GMT | Insight) -- Allianz, ING Groep, OTP Bank and other financial institutions aimed to carve up the market for certain pension funds in Romania, the EU’s highest court ruled today. It said the offense was a concerted effort by the companies, and that the national competition authority didn’t need to measure the number of customers affected to determine if the conduct was illegal.Allianz, ING Groep, OTP Bank and other financial institutions aimed to carve up the market for certain pension funds in Romania, the EU’s highest court ruled today....

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