Spain’s National Commission of Markets and Competition (CNMC) has announced charges against four executives and eight companies (including Siemens – and its subsidiary, Siemens Rail – Thales España, Cobra, Nokia, Alstom, Bombardier and CAF) over alleged collusion in the provision of security and communication services in the railroad sector.
The CNMC detected anti-competitive practices in the installation, operation, maintenance and supply of traffic control and security systems, as well as in communications equipment and railway protection. The authority noted that information was collected in this regard during inspections carried out in January 2017.
The authority indicated that raids were also carried out in 2017 at the offices of Thales España and Bombardier, as well as to CAF Signaling. The inspections “were carried out in connection with various agreements for the handling and the distribution of tenders issued by the Railway Infrastructure Administrator (ADIF) for the supply, installation, repair, maintenance and improvement of the systems …” assured the CNMC. The authority also brought charges against four managers of these companies and their accomplices.
Full Content: El Economista
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC to Approve Exxon’s $64 Billion Deal with Pioneer Resources, Excludes
May 1, 2024 by
CPI
UK Competition Watchdog Raises Alarm Over Nvidia’s ARM Takeover
May 1, 2024 by
CPI
Sen. Klobuchar Urges Regulators to Probe Collusion in Health Care Pricing
May 1, 2024 by
CPI
Multiple States Join Tennessee’s Antitrust Lawsuit Against NCAA Over NIL Rules
May 1, 2024 by
CPI
NY AG Joins Suit Challenging NCAA’s Restrictions on Student Athlete NIL Rights
May 1, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI