The CNMC has fined 6 of the main construction companies in Spain 203.6 million euros for altering the competitive process in infrastructure construction tenders for more than 25 yearsThe sanctioned companies are: Acciona Construcción S.A., Dragados S.A., FCC Construcción, Ferrovial Construcción, Obrascón Huarte Lain S.A., and Sacyr Construcción S.A.Since 1992, the companies met on a weekly basis and decided on the public contracts on which they would share technical work in their bids.They also exchanged information on their bidding strategy for public tenders.Among the thousands of tenders affected, there are infrastructures of general interest such as hospitals, ports, airports, roads, etc. Madrid, 7 July 2022.- The CNMC has imposed fines totalling xxx euros on six of Spain's leading
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.