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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.

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