The Federal Cartel Office has imposed fines totaling about $1.4 million on three suppliers of services, technology and parts, including rubber track pads and vibration dampers, for military vehicles.
The companies, which supply the German Federal Armed Forces (Bundeswehr), were GMT Gummi-Metall-Technik GmbH, Bühl, Paar Logistik GmbH, Aichach and Willbrandt KG, Hannover, said Bundeskartellamt in a statement on July 16.
The three are accused of concluding in price and mutual subcontracting agreements between 2010 and 2014 at invitations to tender issued by the Bundeswehr around the procurement of rubber track pads and vibration dampers.
The rubber components are parts with limited durability and “for this reason the German Federal Armed Forces have a continual demand for these products, which is covered by tender,” according to the statement.mthas imposed fines totaling about $1.4 million on three suppliers of services, technology and parts, including rubber track pads and vibration dampers, for military vehicles.
The companies, which supply the German Federal Armed Forces (Bundeswehr), were GMT Gummi-Metall-Technik GmbH, Bühl, Paar Logistik GmbH, Aichach and Willbrandt KG, Hannover, said Bundeskartellamt in a statement on July 16.
The three are accused of concluding in price and mutual subcontracting agreements between 2010 and 2014 at invitations to tender issued by the Bundeswehr around the procurement of rubber track pads and vibration dampers.
The rubber components are parts with limited durability and “for this reason the German Federal Armed Forces have a continual demand for these products, which is covered by tender,” according to the statement.
Full content: Rubber & Plastics News
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 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