The Cypriot Competition Authority fines several companies for bid-rigging in the supply and transportation of ready-mix concrete market (Mattheos Ioannou Ready Mix Concrete / C. Kythreotis Skyrodema / Skyramix...)

The Commission for the Protection of Competition with its decision imposed on the following undertakings: 1. Mattheos Ioannou Ready Mix Concrete Ltd, 2. C.Kythreotis Skyrodema Ltd, 3. Skyramix Ltd, 4. Athinodorou & Poullas Super Beton Ltd, 5.Top Mix Concrete Ltd, 6. I & S Kritonis Limited, 7. Betoman Limited, 8.Alfa Concrete Public Company Ltd through its financial successor Alfa Beton Ltd and 9. Psaroudis Beton Limited, a total administrative fine amounting to €1.155.593 for the infringement of Sections 3 (1) (a) and (c) of the Protection of Competition Laws of 2008 and 2014.* The Commission for the Protection of Competition (hereinafter the “CPC”), following the completion of a preliminary investigation and having evaluated the evidence before it, on 18/7/2018 issued a

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Cypriot Competition Authority, The Cypriot Competition Authority fines several companies for bid-rigging in the supply and transportation of ready-mix concrete market (Mattheos Ioannou Ready Mix Concrete / C. Kythreotis Skyrodema / Skyramix...), 15 May 2019, e-Competitions Bulletin May 2019, Art. N° 90627

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