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The SIC accused important concrete companies of price fixing and market distribution

The SIC accused important concrete companies of price fixing and market distribution

The Deputy Superintendence for Competition Protection of the Superintendence of Industry and Commerce (SIC) finalized an investigation initiated in August 21, 2013, in which it accused 5 concrete specialized companies (ARGOS, CEMEX, HOLCIM, SAN MARCOS and TEQUENDAMA), for having infringed the provisions of article 1 of Law 155 of 1959 and incurred in anti-competitive agreements described in numerals 1 and 3 of article 47 of Decree 2153 of 1992.

Specifically, the SUPERINTENDENT OF INDUSTRY AND COMMERCE was recommended to sanction the companies: ARGOS, CEMEX and HOLCIM, for having agreed to fix the sales prices of gray cement "Portland type 1", and for having distributed the market between 2010 and 2012.

According to the Deputy Superintendence, there was sufficient evidence to prove that these 3 agents agreed on the principles through which their competitive relationships were governed, made anomalous commercial transactions, exchanged sensitive information related to market shares, offices and inventories, and deployed a strategy of evidence concealment.

Finally, it is worth noting that the Deputy Superintendence recommended to finalize the investigation against SAN MARCOS and TEQUENDAMA, because the evidence showed that these agents developed their commercial activity under special conditions that justified their behavior.

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