Spectator on facebook

Spectator on facebook

Three construction firms fined for cartel agreement

THE ANTIMONOPOLY Office (PMÚ) fined three companies operating in the construction industry with a total of €257,079 for their participation in a cartel agreement.

(Source: Sme)

In the decision issued on May 25, the PMÚ revealed that the entrepreneurs restricted competition on the market with construction and renovation works and equipment supplies in Slovakia back in 2009.

“By exchanging sensitive information they coordinated their course of action in submitting their bids in a tender to supply goods and services towards the renovation of a recreation facility in Žilina Region worth €1.19 million," said PMÚ spokeswoman Andrea Wilhelmová, as quoted by the TASR newswire.

The businesses intended to secure the contract for a pre-selected bidder and at a pre-agreed price, according to PMÚ. It also revealed that the actions restricted competition that sought to set prices, divvy up the market and exclude competitors from the tender. The collusion in public procurement ranks among the most serious infractions of rules governing competition, PMÚ noted.

The firms concerned can appeal the decision, TASR wrote.

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.