Penalties on services colluded in authorities bids and fined them 17.3 million riyals

Competition Authority: Sanctions for collusion facilities in government bids and fined them 17.3 million riyals

The slogan of the Normal Competitors Authority


The Normal Competitors Authority introduced, determined penalties in opposition to 24 services for violating the competitors system by proving that it violated collusion and coordination in authorities bids or affords, which included imposing a complete monetary tremendous of about 17.3 million riyals.


Particulars of the incident date when the fee monitored violating numerous services for the competitors system, by way of collusion and coordination in bidding or authorities affords.


The authority mentioned in an announcement in the present day, it acquired numbers A duplicate of, after conducting the investigations and the mandatory investigations, the authority’s board of administrators authorized its choices to maneuver the felony case; For the institutions that grew to become clear to the authority, violating the competitors system, and the fee referred the violating installations to the Committee for the Opposite to the Violations of the Competitors System.


The authority added that, accordingly, the Competitors Committee for Competitors Violations issued 15 choices to punish these services; To show its violation, indicating that each one the selections of the committee have gained the ultimate capability.

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