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Construction company Kienzl fined in Austria for bid-rigging

( October 2, 2025, 12:34 GMT | Official Statement) -- MLex Summary: Construction business Kienzl has been fined €45,000 (around $53,000) by Austria's cartel court for price coordination, market division and information exchange. The conduct ran from at least September 2012 to April 2017 in the context of public and private tenders for building projects. The watchdog said on Wednesday that the sanction follows a request that it made in March.Statement follows (in German). ...

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