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Antitrust reforms crucial to UAE government strategy, senior official says

Summary by globalcompetitionreview.com
The United Arab Emirates is “serious” about developing its competition regime after failing to give “enough attention” to antitrust policy in recent years, a top government official has said.
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Repair of roads, patching of cracks or delivery with Split: Several construction companies are said to have agreed for years. Municipalities in eastern Germany are particularly affected.

Bonn/Magdeburg (dpa) – Due to prohibited agreements on orders for municipalities and road construction authorities, the Federal Cartel Office imposed a million penalty on seven construction companies from all over Germany. Overall, according to its own statements, the Cartel Office imposed fines of 10.5 million euros. Over a long period of time, the companies had shifted numerous public procurement contracts to each other for the repair and repa…

The Federal Cartel Office imposed fines of 10.5 million euros on seven companies in road construction, which agreed on public tenders, resulting in illegal distribution of orders. Two companies from Lingen and Spelle were therefore involved.

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noz.de broke the news in on Tuesday, May 13, 2025.
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