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Austria Fines Seven Companies In Construction Cartel

By  |  April 22, 2021
Law

The Austrian Federal Competition Authority (AFCA) filed another application with the Cartel Court to impose fines on seven companies from an Austrian construction group for taking part in the construction cartel. The AFCA suspects these companies of having been part of an Austria-wide cartel in the construction sector. The alleged anti-competitive arrangement covers several thousand tenders, with most of the individual contract volumes ranging from €50,000 to €60 million (US$60,115.77 to US$72.14 million).

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    The cartel extended to the whole of Austria. The companies concerned are not cooperating under the leniency program.

    In October 2020, the AFCA had already filed applications to impose fines on four other companies from another construction group.