Suspicion of Price Fixing in Building Material Industry

IndustrialsIndustrial Goods ♦ Published: August 4, 2011; 19:33 ♦ (Vindobona)

Inspections have taken place at several companies since the beginning of the week. Big players of the industry are also under suspicion.

Suspicion of Price Fixing in Building Material Industry / Picture: © Vindobona.org

The building material industry has come under investigation of Austrian competition watchdogs. The Federal Competition Authority (BWB) confirmed that it is investigating suspicions of illegal price fixing by insulation material producers. House searches are still ongoing at several enterprises after the Cartel Court had issued a search warrant.

“There is the suspicion of price…