The Hungarian Competition Authority fines IT companies for bid rigging (SAP and others)

On 15 June 2005, the Hungarian Competition Authority (the “GVH”) fined ISH Kft. (“ISH”), SAP Magyarország Kft. (“SAP”) and IBM Magyarország Kft. (“IBM”), the three leading informatics companies, a total of HUF 1.51bn (approximately € 6m) for anti-competitive behaviour, including the coordination of bids to public procurement tenders, the attempt to illegally influence the terms of the tender and the attempt to involve Synergon Informatikai Rendszereket Tervező és Kivitelező Rt. (“Synergon”), a competitor, in the cooperation. The GVH launched its investigation on 24 October 2004 and conducted dawn raids at the premises of ISH, SAP and IBM, which were fined, and shortly thereafter at the premises of Oracle Hungary Kft. (“Oracle”) and Synergon, which were later cleared of accusations. Background Since

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Auteur

  • Van Bael & Bellis (Brussels)

Citation

Gábor Báthory, The Hungarian Competition Authority fines IT companies for bid rigging (SAP and others), 15 juin 2005, e-Competitions June 2005, Art. N° 21250

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