PolicyPulse.pro

PolicyPulse.pro identifies the news that matters most to your company and helps you understand the business impact.

Slovak Antitrust Council Upholds Decision on Bakery Industry Cartel in Public Tender

02.10.2024 | 🇸🇰 Slovak competition authority

The Council of the Antimonopoly Office of the Slovak Republic imposed fines and bans on undertakings for participating in a cartel agreement during a public tender in the bakery industry.


The Council of the Antimonopoly Office of the Slovak Republic (AMO) fined three undertakings and prohibited two from participating in public procurement for engaging in a cartel agreement during a public tender related to technologies for the bakery industry.

The AMO found that the undertakings did not act independently in the tender process, leading to a pre-agreed participant winning the competition.

The fines imposed on the undertakings varied based on factors such as cooperation with the AMO, participation in leniency programs, and successful settlements.

The Council of AMO emphasized that cartel agreements in public tenders undermine competition and the purpose of obtaining goods or services at the best price-quality ratio.

The leniency program and settlement options are important tools for detecting and addressing cartel agreements, with the potential for reduced fines and bans on participation in public procurement.

Consult source

Terms of Service | Refund Policy | Privacy Policy | Coverage

© 2024 PolicyPulse. All rights reserved.

See something you like or don't like? Let us know!