Bulgarian construction machinery cartel probe ends with settlement
( August 24, 2026, 07:41 GMT | Official Statement) -- MLex Summary: The KZK — Bulgaria’s competition authority — has said that suppliers of construction machinery manipulated public tenders, exchanging information on their bids and coordinating their pricing behavior. O-Rent and Ingconsult/Zemekop agreed on which companies to bid with, what equipment to offer and at what prices, between 2022 and 2024. O-Rent acknowledged its role in the cartel, and the watchdog applied the settlement mechanism for the first time. Ingconsult and Zemekop — which constitute a single undertaking within the definition of competition law — were exempted from fines under the leniency program. The KZK has coordinated its decision with the European Commission. O-Rent and Ingconsult/Zemekop will have to introduce compliance programs within 60 days.Statement follows (in Bulgarian). ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.