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News  ›  GlobeNewswire Inc.

Rubis: FUEL SECTOR IN CORSICA: RUBIS RESPONDS TO THE DECISION OF THE FRENCH COMPETITION AUTHORITY (AUTORITÉ DE LA CONCURRENCE)

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Rubis
Rubis: FUEL SECTOR IN CORSICA: RUBIS RESPONDS TO THE DECISION  OF THE FRENCH COMPETITION AUTHORITY  (AUTORITÉ DE LA CONCURRENCE)

Rubis was fined €64,670,000 by the French Competition Authority for alleged anti-competitive practices in fuel supply, storage, and distribution in Corsica between 2016 and 2022. The company denies the allegations and plans to appeal the decision.

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Received significant financial penalties (€64,670,000) and faces allegations of anti-competitive practices, which could damage company reputation and potentially impact future business operations