BCR, one of ten banks fined a collective €700 million by Romania’s Competition Council, received a penalty of €110 million. The bank released a statement detailing issues encountered during the investigation process. BCR asserts it requested access to the evidence used against it and a reasonable timeframe to build a defense. However, the bank claims the Competition Council denied both requests, hindering their ability to adequately respond to the allegations. This dispute centers on procedural fairness during the investigation. BCR’s statement suggests they believe the fine was issued without sufficient opportunity for a proper defense. The bank has not indicated whether it will appeal the decision, but the statement signals potential legal challenges.