The French NCA sanctions four companies for bid rigging practices in the moderate-rent housing sector but significantly reduces the amount of the fine in application of the settlement procedure (Spid, Spid Anjou, Haute Mayenne Services, Onet Services)

In its decision dated 11 June 2008, the French Competition Council sanctioned four companies that tendered to a servicing of premises bid launched by a Public Office for moderate-rent housing, for violating Articles 81 of the EC Treaty and its French equivalent, article L. 420-1 of the Commercial Code. The companies concerned chose not to challenge the Council's objections in order to benefit from the settlement procedure ("procédure de non contestation des griefs") provided for by Article L. 464-2 of the French Commercial Code (known as the transaction procedure) and, therefore, obtain a significant reduction of their respective fine. Background The companies Spid, Spid Anjou, Haute Mayenne Services (hereafter the "Spid group companies") and Onet Services submitted offers in response

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Authors

  • Juliette Goyer Avocat (Paris)
  • French Competition Authority (Paris)

Quotation

Juliette Goyer, Lauriane Lépine, The French NCA sanctions four companies for bid rigging practices in the moderate-rent housing sector but significantly reduces the amount of the fine in application of the settlement procedure (Spid, Spid Anjou, Haute Mayenne Services, Onet Services), 11 June 2008, e-Competitions June 2008, Art. N° 21522

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