Requested Cartel Penalty Against Securitas

Following investigations by the Federal Competition Authority (BWB) in connection with an alleged cartel in the security industry, applications against two companies were submitted to the cartel court.

Suspicion of Coordinated Bidding Behaviour by Securitas and G4S

While the BWB is demanding a fine against Securitas Security Services GmbH and Securitas AB, amounting to 540,000 euros, the company G4S has been granted the status of a crown witness. The BWB's investigations revealed that Securitas and G4S had previously coordinated their bidding behaviour in three private tenders. In doing so, competition-relevant and strategic information regarding bid prices was exchanged in order to persuade the affected clients to accept a specific offer. The violation concerned the period from August 2019 to December 2022, according to the BWB on Wednesday in a press release.

(APA/Red)

This article has been automatically translated, read the original article here.