A PYMNTS Company

Italy: Antitrust watchdog investigates six consultancy firms

By  |  March 23, 2016

Italy’s competition authority is investigating six consultancy firms over allegedly coordinating their offers in a public tender for services to the national public administration, the watchdog said in a statement on Wednesday.

Rome and Milan offices of Deloitte & Touche, Meridiana Italia, KPMG, PricewaterhouseCoopers, PricewaterhouseCoopers Advisory, Reconta Ernst & Young have been searched by the authority’s officials and the finance police, it said.

The watchdog said the investigation was looking at a tender launched by Consip – Italy’s centralised procurement agency – in March last year for services supporting the country’s auditing authorities regarding programmes co-financed by the European Union.

The competition watchdog said the investigation would be concluded by the end of October next year.

Full content: Reuters

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