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Image contains a photo of a hand writing on paper and a person dressed formally in the background handing over a business card, both inside a corporate environment.

SIC fined multiple maintenance companies for bid rigging

30 Junio, 2021

The Superintendence of Industry and Commerce (SIC), in its role as National Authority for Competition Protection, imposed fines to several maintenance companies that contracted with different levels of the Colombian State, after it was demonstrated that the aforementioned companies violated the free economic competition regime through an illegal collusive agreement in different contractual processes.

The SIC also found evidence of constant monitoring of the contractual selection processes in which the offenders presented themselves in a coordinated manner. This monitoring was carried out through “dashboards” in Excel files. In addition, SIC also demonstrated the awareness that some of the offenders had about the wrongfulness of their conduct.

6 companies and 8 individuals were subject to fines that totaled more than USD$258.218.