The Norwegian Competition Authority (NCA) has told road building contractor NCC that it faces an SEK200 million (€22 million) fine for price fixing in the asphalt paving sector. The NCA had been investigating Norway's largest asphalt contractors, Kolo Veidekke and NCC Roads, for possible illegal collusion since the start of 2010. The NCA also said that it had found evidence that Veidekke had breached its antitrust laws, but the company may avoid a €35 million financial penalty after meeting NCA legal conditions for full leniency. Veidekke notified the NCA of the matter in January 2010, and the company is also said to have co-operated with the probe.
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