The Competition Authority Cracked Down on a Solar Cartel
5 Articles
5 Articles
The Hungarian Competition Authority has imposed a total fine of almost 9 million forints on five solar panel installation companies for colluding in a tender program financed from EU funds. Following the report of the Integrity Authority, the competition authority launched proceedings against seven companies in 2023 over a tender to support the development of electricity on farms.
Based on a report by the Integrity Authority, the Hungarian Competition Authority has launched an investigation into seven solar panel installation companies. Five companies illegally coordinated their prices in more than two dozen tenders. The value of the bids affected by the rigging reached 80 million forints, and the companies caught were fined millions.
The competition authority has uncovered a solar panel cartel. A total of five companies were fined. The GVH also issued an important notice regarding the cartels.
The Integrity Authority (IH) has covered up abuse by a string of solar companies.
Five companies played together in a farm development tender.
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