The Hellenic Competition Commission fines 1 M € bid rigging in the private security services sector (Security Forces/M. K. B./Wackenhut Security Hellas)

Hellenic Competition Commission (Epitropi Antagonismou), 11 January 2007, Security Forces LTD v. M. K. B. Security Services SA( ex Group 4 Securitas SA) and Wackenhut Security Hellas SA, Decision 325/V/2007 Factual Background “Security Forces LTD” was for four consecutive years the exclusive distributor of the private security company “Group 4 Securitas SA”, for certain geographical areas in Greece, in the sector of private security services. The company, also, operated, independently, in other geographical areas of Greece, had its own establishment and employees but borrowed the tracks needed to carry its business by Group 4 Securitas SA. “Group 4 Securitas SA” was, since 1990, the subsidiary of the Dutch multinational Company “Group 4 Securitas international BV” in Greece having its seat

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  • University College London

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Eleni Rentouka, The Hellenic Competition Commission fines 1 M € bid rigging in the private security services sector (Security Forces/M. K. B./Wackenhut Security Hellas), 11 January 2007, e-Competitions January 2007, Art. N° 13283

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