A PYMNTS Company

Switzerland: Watchdog opens investigation into fibre network tenders

By  |  January 16, 2020

Swiss competition commission Weko announced that it has opened an investigation into possible collusion in fiber network tenders. Several unnamed businesses were visited already in order to seize documents in the probe. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The investigation centres on possible illicit agreements between firms that provide hardware or software products for fiber networks. The investigation will check whether these agreements reduced competition in violation of antitrust law. 

    The regulator is concerned the companies may have coordinated their offers in advance of tenders. Typically, this happens in an attempt to steer the award of a contract to a company at a certain price.

    Full Content: Telecom Paper

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.