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21st Austria weekly - Strabag, Vienna Airport (14/07/2021) boerse-social.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boerse-social.com Daily Mail and Mail on Sunday newspapers.
Strabag Gets EUR 45.37 Million Fine in Antitrust Case finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Introduction The competition law investigation into approximately 40 construction companies could prevent large providers from taking on future public contracts. In November 2020 the Federal Competition Authority applied to the Cartel Court to impose the first fine on an Austrian construction company. The case was based on the suspicion that employees of more than 40 construction companies assigned construction projects to one another between 2002 and 2017. The potential victims primarily include public clients in road construction, pipeline construction and earthworks. The pending investigation by the Economic and Corruption Public Prosecutor s Office and the Federal Competition Authority against so many construction companies has created a dilemma for clients. On the one hand, there is annoyance that important business partners may have been deliberately deceived for years and the desire to make amends is great. On the other hand, the clients see themselves as almost ....
Supreme Court rules on long-term gas supply contracts internationallawoffice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internationallawoffice.com Daily Mail and Mail on Sunday newspapers.
On 9 April 2021, 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. Europe Austria 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 EUR 50 000 to EUR 60 million. The cartel extended to the whole of Austria. The companies concerned are not cooperating under the leniency programme. The alleged cartel existed between at least 2002 and 2017. More than 40 construction companies are suspected of having taken part in the cartel. ....