ARTICLE
26 April 2018

Investigation Into Tender For Maintenance Services Of Rolling Stock Exposed Bid Rigging Agreements

WT
Wolf Theiss

Contributor

Over the past 60 years, we have continuously expanded our areas of expertise. With confidence, we offer a broad spectrum of specialised legal expertise, covering everything from arbitration to white-collar crime. This comprehensive range allows us to address all facets of commercial law, providing innovative solutions to the most complex legal challenges. Our industry expertise ensures that we deliver not only legal advice but also deep business insights, making us trusted partners who offer strategic, practical solutions.

Within its long standing efforts to minimize bid rigging behavior, the SCC fined four local companies active in the field of maintenance and repair of rolling stock.
Serbia Antitrust/Competition Law

Within its long standing efforts to minimize bid rigging behavior, the SCC fined four local companies active in the field of maintenance and repair of rolling stock. Following several market inquiries and dawn raids of the companies involved, the investigation revealed that the respective companies pre-agreed on minimal prices to offer in the tender for maintenance of Arbel type freight cars announced by one of the major local thermal power plant operators. The SCC considered that the parties cooperated throughout the entire investigation which it acknowledged as a mitigating circumstance when setting the fines. The fines, which were nonetheless imposed, varied between approx. EUR 12,500 and EUR 42,200.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More