Tuesday, July 14, 2015

Searches and seizures in four ports for suspected cartel – Daily News – Lisbon

The search was motivated by verification of evidence of anti-competitive practices of a horizontal nature (market-sharing cartel) in the sector of port services, underlying suspicion of violation of the Competition Act and the Treaty on the Functioning of the EU, reveals in a statement the PCA.

The searches in the four national ports were held today and on Monday.

In a statement, the governor said that “the fight against cartels continues to merit the priority Maximum performance of the PCA, taking into account losses that invariably cause to citizens and businesses, forcing them to pay higher prices and reducing the quality and diversity of goods and services available to them. “

” The violation of competition rules not only reduces consumer welfare, as undermines the competitiveness of companies, penalizing the economy as a whole, “said the PCA.

The steps, required by the Competition Authority and authorized by prosecutors and the Court of Criminal Investigation, constitute a means of obtaining illicit jusconcorrenciais proof, not from the realization that your target companies may be conviction object nor imply a judgment on the guilt of his conduct in the market, says the entity led by António Ferreira Gomes.

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