Con­struc­tion car­tel fined

Kathimerini English - - Focus - DIMITRA MANIFAVA

Ak­tor was hit yes­ter­day with a 38.5mil­lion-euro fine – a record in Greece – while 10 more con­struc­tion com­pa­nies were fined a to­tal of 80.7 mil­lion eu­ros, con­clud­ing the first stage of the in­fa­mous case of the “con­trac­tors’ car­tel” which, for a pe­riod of 23 years, from 1989 to 2012, were found to have been rig­ging the ten­ders for a se­ries of public works, in­clud­ing those co-funded by the Euro­pean Union.

Yes­ter­day the coun­try’s Com­pe­ti­tion Com­mis­sion is­sued the ea­gerly an­tic­i­pated ver­dict for the do­mes­tic com­pa­nies in­volved in the car­tel prac­tices, which have se­cured a 15 per­cent dis­count to their fines in re­turn for ad­mit­ting their guilt. The de­ci­sion on the for­eign con­struc­tors in­volved, which has al­ready been reached, will also be re­leased in late Septem­ber or early Oc­to­ber.

Be­sides Ak­tor’s record fine, hefty penal­ties were also im­posed on Terna SA (18.6 mil­lion eu­ros) and J&P Avax (18.3 mil­lion). In­trakat will have to pay 4.3 mil­lion. An­other firm, Tech­ni­cal Olympic, played a key role, but was relieved of any fines for its role in re­veal­ing details about the car­tel.

Al­though vi­o­la­tions were found to have oc­curred in 1989-2000, 20012002 and 2005-2012, the fines were only im­posed for those com­mit­ted be­tween 2005 and 2012, as the pre­vi­ous pe­ri­ods are cov­ered by the watch­dog’s sta­tus of lim­i­ta­tions. There­fore, Kathimerini un­der­stands that while 34 vi­o­la­tions were iden­ti­fied, fines were only im­posed for 11 of them.

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