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Strabag fined in Germany for bid-rigging on Cologne bridge works

( November 6, 2024, 11:07 GMT | Official Statement) -- MLex Summary: Construction company Strabag must pay a fine of 2.79 million euros after the German competition authority found it had rigged tenders for renovation works on Cologne’s Zoobrücke bridge. The regulator found that staff at Strabag and Kemna Bau Andreae had agreed that the latter would submit a quote that would ensure Strabag won the contract. Kemna was compensated in return. The statement follows:...

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