Antimonopoly Office of the Slovak Republic conducted inspections in the field of the supply of construction works and technology
The Antimonopoly Office of the Slovak Republic, the Division of Cartels, (hereafter “the Office”) has confirmed that on 5 December 2018 it conducted unannounced inspections in the business premises of undertakings operating in the field of the supply of construction works and technology necessary for the intensification of the waste water treatment plant.
The inspection was carried out on the basis of a reasonable suspicion that the agreement restricting competition might have been concluded between the undertakings operating in the field of the supply of construction works and technology necessary to intensify the waste water treatment plant, this in connection with the participation and the submission of bids in the public procurement partly financed by the Environmental Fund.
Whereas this could be a horizontal agreement between direct competitors, which are ranked among the most serious infringements of competition rules and are considered as hard core cartels, the undertakings may be fined of up to 10 % of the turnover attained for the preceding accounting period in case that such an agreement will be proved.
The fact that the Office conducted the inspections does not imply that the parties concerned have infringed the competition rules nor does it prejudge the conclusions of the investigation.