AUSTRIA
Court Decision The Cartel Court, upon application by the
Austrian Federal Competition Authority
("AFCA"), has imposed a fine of EUR
540,000 on Securitas Sicherheitsdienstleistungen GmbH and its
parent company, Securitas AB. The fine was issued for
anti-competitive conduct, including price fixing, price
coordination, and/or the exchange of sensitive information with a
competitor in relation to three tenders from private clients in the
personnel security services market.
The company G4S was however granted leniency in the proceedings.
Investigations by the AFCA revealed that between August 2019 and
December 2022, Securitas and G4S coordinated their bidding
strategies in three private tenders. In particular, they exchanged
competitively sensitive and strategic information regarding bid
prices, thereby inflating the prices ultimately paid by their
contracting partners.
