The Hungarian Competition Office fines 14 road construction companies for price fixing, market sharing and bid rigging (Adeptus)

The Hungarian Competiton Office (HCO) launched proceedings against fourteen road construction companies (Alterra Kft., Betonút Rt., Debreceni Mély- és Útépítõ Rt., EGÚT Egri Útépítõ Rt., Hídépítõ Rt., HÓDÚT Rt., Hoffmann Rt., MÁV Hídépítõ Rt., MOTA-Engil Rt., Strabag Rt., Swietelsky Kft., Vakond Kft. and Vegyépszer Rt.) due to suspected bid rigging in tenders published in 2001 and 2002 concerning several road construction projects in Hungary. The investigation was launched following the discovery of a handwritten notebook during dawn raids conducted by the HCO in other proceedings. The notebook contained the records of a series of several meetings between the undertakings during which road construction tenders were discussed. According to the notes, the participants in the meetings divided the tenders among

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Authors

  • Lakatos, Köves (Budapest)
  • Lakatos, Köves (Budapest)

Quotation

Ádám Máttyus, Eszter Ritter, The Hungarian Competition Office fines 14 road construction companies for price fixing, market sharing and bid rigging (Adeptus), 22 September 2005, e-Competitions September 2005, Art. N° 25323

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