The CNDC ruled in the proceedings on alleged collusive practices in public works tenders

Summary:

The Comisiu00f3n Nacional de Defensa de la Competencia (CNDC) has concluded an investigation into alleged collusive practices in public works tenders in Argentina, dating back to 2003. After a five-year investigation, the CNDC recommended to the Secretary of Commerce that the case be archived due to lack of evidence. The investigation involved 52 companies and two business associations, and analyzed various factors, including market structure, competition, and financial data. The CNDC did not find sufficient evidence to confirm the existence of a collusive agreement, and concluded that the market structure and competition norms make it difficult to sustain such practices over time. Additionally, the CNDC found inconsistencies in the testimonies and documents presented, casting doubt on the validity of the alleged agreement. As a result, the Secretary of Commerce has decided to archive the case, and the CNDC has recommended that the Cu00e1mara Argentina de Empresas Viales implement certain measures to promote competition and prevent anticompetitive practices.