Spain: CNMC points to Isolux in cartel investigation

Spain’s National Commission of the Markets and Competition (CNMC) has included electric company Isolux in the pending investigation the agency currently has against 22 companies for their alleged participation in a cartel to manipulate railway electrification contracts.

The CNMC thus expanded the file it opened in June 2017 on suspicion that these companies were manipulating and distributing public contracts to manufacture, install and maintain electrification systems for the railway network, in traditional rail as well as high-speed lines.

The “superregulator” has also widened the investigation to include fifteen managers of the companies already included in the file, among them Alstom, Cobra and Semi (both part of ACS), Elecnor, Inabensa and Siemens.

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