Antitrust Antitrust

Siemens, Alstom, others fined EUR127 million for 15 years of Spanish rail bid rigging

By Tono Gil
  • 01 Oct 2021 11:50
  • 01 Oct 2021 11:50
Siemens, Alstom and other companies accounting for most of Spain's market for railway security, signaling and communications are facing a Spanish antitrust fine of 127.3 million euros ($148 million) for rigging bids on 82 public tenders cumulatively worth more than 4.1 billion euros over 15 years.

Businesses fined also include Nokia,

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