In a judgment of 28 May 2009 the Swedish Market Court (MD 2009:11) found that three of the major asphalt companies in Sweden (NCC, Peab and Skanska) together with a subsidiary of the Swedish Road Administration, Vägverket, had shared markets, agreed on prices and shared information in tenders in relation to asphalt works. They had also compensated a number of smaller players on the market for not submitting tenders. This was considered as anti-competitive agreements as well as concerted practice in breach of Section 6 of the Swedish Competition Act, prohibiting anti-competitive agreements, as well as contrary to Article 81(1) EC for a more limited period. Also the smaller companies were found to have acted contrary to the competition rules. The defendants were ordered to pay fines of a
Share on
|
|
The Swedish Market Court imposes record fines of €50 M against cartel members (NCC / Peab Asfalt)
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.
