Thursday, March 22, 2012

Romania Probes Hewlett-Packard Unit for Possible Market Abuse

Romania’s competition regulator is investigating Hewlett-Packard Co. (HPQ)’s subsidiary in the country for possible abuse of its market position.

The Romanian Competition Council conducted several unannounced inspections at Hewlett-Packard Romania after receiving a complaint about a possible breach of Romanian and European Union competition rules, the regulator said in an e- mailed statement today.

“We have suspicions about a possible abuse of dominant position of HP Romania displayed through discriminatory behavior in its relationship with one of its contractual partners,” Bogdan Chiritoiu, who heads the competition council, said in the statement.

Radu Enache, HP’s Romanian country manager, declined to comment on the investigation when contacted by Bloomberg News.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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