God Forbid Bid-Riggers: Developments Under the Hungarian Competition Act
27 Pages Posted: 31 Oct 2014
Date Written: October 30, 2004
The paper gives an overview of the decisions handed down by the Hungarian Competition Authority in various public procurement cartel cases in the construction industry. The authors look into questions like the role of market definition, the various types of bid/rigging and the method of calculating fines. These cases where the authority imposed largest fines for the first time in its history attracted high public publicity.
Keywords: cartel, bid-rigging, Hungarian Competition Authority, fines
JEL Classification: K21, K42
Suggested Citation: Suggested Citation