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Traunfellner fined €1.7m in Austria for rigging bids in road project tenders

( October 2, 2025, 11:42 GMT | Official Statement) -- MLex Summary: Construction business Traunfellner has been fined €1.7 million by Austria's cartel court for pricing agreements, market division and exchanging information with rivals during public and private tenders for road projects from at least February 2003 to May 2017. The Austrian competition authority said it had asked the court to issue a reduced fine because the company had cooperated with the watchdog to clarify the matter. Statement follows. ...

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