Fines agreed in collusion case

摘要

A group of 15 contractors active in South Africa have agreed to pay fines totalling ZAR1.46 billion (€111 million) for anticompetitive behaviour. The fines were agreed with South Africa's Competition Commission under its Construction Fast Track Settlement Process, which was launched in February 2011. The 15 contractors named in the settlement were Aveng, Basil Read, Esorfranki, G Liviero, Giuricich, Haw & Inglis, Hochtief, Murray & Roberts, Norvo, Raubex, Rumdel, Stefanutti, Tubular, Vlaming and WBHO.