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The Austrian Competition Authority fines a construction cartel €26.33 million illegal price fixing, market divisions and the exchange of information with competitors for construction tenders (HABAU Group)

Construction cartel: HABAU fine set at EUR 26.33 million* Four companies from the HABAU group of companies have admitted participating in the construction cartel and fully acknowledged the infringement. The Austrian Federal Competition Authority (AFCA) and the Federal Cartel Prosecutor had conducted settlement talks with them, during which it was agreed that a fine of EUR 26.33 million would be appropriate. This is the first time that a fine has been set against a medium-sized member of the construction cartel. Its

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Austrian Competition Authority, The Austrian Competition Authority fines a construction cartel €26.33 million illegal price fixing, market divisions and the exchange of information with competitors for construction tenders (HABAU Group), 6 September 2022, e-Competitions Preview, Art. N° 108625

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