The Spanish Competition Authority fines 19 assembly and maintenance companies operating in the energy and petrochemical sectors €54.2 million and also fines 8 directors €0.28 million for big-rigging (Montaje Y Mantenimiento Industrial)

The Spanish Competition Authority ("CNMC") has fined 19 assembly and maintenance companies operating in the energy and petrochemical sectors €54.2 million, and fined 8 directors €0.28 million, for big-rigging practices following a leniency application submitted by one of the companies. WHAT YOU NEED TO KNOW - KEY TAKEAWAYS The case reflects the CNMC's continued focus on stamping out bid-rigging (both in the public and private sector). The case also shows the CNMC's

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Pablo Velasco, Javier Torrecilla Pérez, Rafael Baena, The Spanish Competition Authority fines 19 assembly and maintenance companies operating in the energy and petrochemical sectors €54.2 million and also fines 8 directors €0.28 million for big-rigging (Montaje Y Mantenimiento Industrial), 1 October 2019, e-Competitions October 2019, Art. N° 94049

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