The Portuguese Competition Authority issues a €2M fine on suppliers of electric cables for engaging in a public procurement cartel (Cabelte / Quintas & Quintas /Solidal)

AdC sanctions suppliers of electric cables for cartel in public procurement* The Portuguese Competition Authority (AdC) has sanctioned the companies Cabelte - Cabos Eléctricos e Telefónicos (Cabelte), S.A., Quintas & Quintas - Condutores Eléctricos, S.A. (Q&Q) and Solidal - Condutores Eléctricos S.A (Solidal) (which wholly owns Q&Q), for an agreement or concerted practice restricting competition through price fixing and market sharing in public procurement procedures launched by REN (the national electricity infrastructure manager) for