The Hungarian Competition Authority fines four water welling companies for bid rigging (Vikuv Vízkutató és Fúró Zrt. / Aquazit Szolgáltató Kft. / Drillingwater Kft. és a Geo-Sivo Építőipari / Környezetvédelmi Tervező és Kivitelező Kft)

Total fine of more than 100 million forints imposed on well drilling companies for participation in a cartel* The Hungarian Competition Authority (Gazdasági Versenyhivatal, GVH) imposed fines amounting to a total of 105 million forints (0.33 million EUR) on four water welling companies for entering into an agreement aimed at restricting competition in public procurement procedures. The GVH conducted

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Hungarian Competition Authority, The Hungarian Competition Authority fines four water welling companies for bid rigging (Vikuv Vízkutató és Fúró Zrt. / Aquazit Szolgáltató Kft. / Drillingwater Kft. és a Geo-Sivo Építőipari / Környezetvédelmi Tervező és Kivitelező Kft), 19 December 2018, e-Competitions Bulletin December 2018, Art. N° 88750

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