Spectator on facebook

Spectator on facebook

Court annuls antitrust cartel fine for six building firms

Following an action by six plaintiffs, the Bratislava Regional Court has annulled an October 2006 decision by the Antitrust Office (PMÚ) which had fined six construction companies a record Sk1.349 billion (€44.78 million).

Following an action by six plaintiffs, the Bratislava Regional Court has annulled an October 2006 decision by the Antitrust Office (PMÚ) which had fined six construction companies a record Sk1.349 billion (€44.78 million).

The penalty was for their part in forming a cartel agreement when bidding for a contract to build an eight-kilometre-long section of the D1 highway between Mengusovce and Janovce.

According to the PMÚ, the construction companies Skanska DS, a.s., Inžinierske Stavby, a.s., Strabag, a.s., Doprastav, a.s., Betamont, s.r.o., and Mota Engil coordinated their bids in advance. Bratislava Regional Court spokesman Pavol Adamčiak announced that the court had cancelled the decision based on an appeal by the six and returned the case to the antitrust authority.

The court reasoned that the original decision was factually deficient and insufficiently specified how the law had been violated. The court therefore opined that the fine could not be upheld either.

The verdict has not yet come into force and can be appealed by the PMÚ within 15 days of delivery, in which case the Supreme Court will be asked to rule. SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Babiš: I am not a crook, read the story of Chirac or Berlusconi

Despite a mounting list of scandals Andrej Babiš, the billionaire ex-finance minister of Slovak origin, and his ANO party remain the frontrunners in the Czech Republic’s October 20-21 general election.

Andrej Babiš

British PM: We are not treating EU nationals as bargaining chips

Open letter of Theresa May to EU citizens in the UK.

Theresa May

Sentenced!

It is definitely good news that at least one emblematic scandal did not end in vain.

Minister Igor Štefanov was sacked over a scandal.

Do you want a Sagan for your Lego collection? Photo

The post is very popular on Facebook.

Peter Sagan