The Spanish Competition Authority imposes fines totaling €127 million for their participation in a cartel that fraudulently divvied up at least 82 tenders in the railway sector (Alstom / Bombardier / Cafs / Cobra / Nokia...)

The CNMC imposed fines of more than 127.8 million euros on the main security, signaling and communications systems companies of AVE's medium-distance and commuter network in Spain.* For 15 years, these companies made up a cartel that divvied up tenders called for by Adif, with a value of more than 4,100 million euros. The Commission fined 10 executives of the companies 483,000 euros for their responsibility in the acts. This fraud has directly impacted the public treasury since the companies raised the price paid by Adif in this type of contract. The dismantling of several cartels in 2019 (railway electrification and electromechanical equipment) gave rise to this new penalty procedure. The total fines imposed in the previous procedure (2019) and in the one now ruled on stand at 245

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Spanish Competition Authority, The Spanish Competition Authority imposes fines totaling €127 million for their participation in a cartel that fraudulently divvied up at least 82 tenders in the railway sector (Alstom / Bombardier / Cafs / Cobra / Nokia...), 1er octobre 2021, e-Competitions October 2021, Art. N° 102817

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