Colombia: Competition Office sanctions companies for collusion in bidding process

28 March, 2019

On 31 January 2019, the Colombian Competition Office (SIC) sanctioned PROYECTAR INGENIERÍA S.A.S. and DESARROLLAMOS INGENIERIAS S.A.S. for collusion in a bidding process in 2013.

The companies maintained a prolonged relationship of coordinated collaboration, conduct that violates free competition.

As a result, a USD 244,250.51 fine was imposed on PROYECTAR INGENIERÍA S.A.S. and USD 65,400.41 on DESARROLLAMOS INGENIERÍA LTDA. Individuals were also sanctioned for collaborating, facilitating, authorizing, executing and/or tolerating said anticompetitive conduct for amounts up to USD 24,024.64.

Original source in Spanish:
http://bit.ly/2WgbqkN

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