The French Competition Authority fines 11 companies involved in four infringements revealed by criminal searches in the pre-cast concrete sector

On May 21, 2024, the French Competition Authority (the “FCA”) fined 11 companies active in the pre-cast concrete sector for having exchanged commercially sensitive information and implemented anticompetitive price fixing, customer allocation and bid rigging practices over seven to ten years (from 2008 or 2011 to 2017 or 2018 depending on the practices).[1]

These practices were uncovered in the context of a criminal investigation carried out under the supervision of a criminal investigating judge (juge d’instruction).  Fines ranged from €150,000 to €25.5 million, amounting to a total of approx. €76.6 million.

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