The EU Court of Justice delivers a preliminary ruling setting out guidance on when an anticompetitive agreement on submitting prices in the context of a call for tenders is considered to come to an end (Eltel)

On 14 January 2021, the European Court of Justice delivered a preliminary ruling (case C-450/19) setting out guidance on when an anticompetitive agreement on submitting prices in the context of a call for tenders is considered to come to an end. This ruling has important implications for the application of limitation periods for fines imposed by competition authorities. WHAT YOU NEED TO KNOW - KEY TAKEAWAYSParticipation in a bid-rigging cartel is deemed to end on the date the terms of the agreement that was the subject of the call for tenders has been definitively determined, which will generally be the contract signature date.The fact that performance of obligations under the contract continues