Swiss perspectives in 10 languages

Illegal price fixing casts shadow on Swiss construction sector

Construction workers with Alps in background
Swiss Credit Suisse bank expects construction investments to slow down in 2018 Keystone

Switzerland’s Competition CommissionExternal link (COMCO) published on Thursday a 300-page report on illegal price fixing in the Swiss Alps.

The report details how construction companies in the Lower Engadin, a region in southeast Switzerland, have manipulated tenders in the construction and public works sectors for years.

This is considered the most important construction manipulation case discovered in Switzerland to date, according to the Swiss News Agency (SDA-ATS)

COMCO announced at the end of April that it was sanctioning seven construction companies for a total of CHF7.5 million ($7.6 mission)

Two additional decisions are still pending. They were postponed to 2019 because of an appeal to the Federal Court, according to Franz Stüssi, deputy director of COMCO,

Popular Stories

Most Discussed

News

Beer sales dampened by bad weather

More

Beer sales in Switzerland watered down by bad weather

This content was published on The past brewing year fell through in Switzerland, partly due to the bad weather. Beer sales shrank again. For the first time, per capita consumption fell below the 50 liter mark.

Read more: Beer sales in Switzerland watered down by bad weather

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR