Bulgaria’s leading cable operator Blizoo has been fined BGN56,288 (€28.771) by the Commission for Protection of Competition (CPC) for trying to secure new customers by offering them illegal bonuses.
Dnevnik reports that the fine, which is equivalent to 0.5% of Blizoo’s turnover in 2009, was imposed following a complaint from a rival company named Net 1.
It related to a period of two months between November 15, 2009 and January 15 this year, when Blizoo offered its subscribers three types of bonuses, one of which – vouchers for purchases of white and brown goods – was deemed by the CPC to be against free competition.
Blizoo is backed by the Swedish equity fund EQT V and was formed by the merger of Eurocom and CableTel.
