Friday, 18 December 2020 14:23

Press Release: Settlement decision on the infringement of competition law

Subject: Settlement decision on the infringement of competition law by the companies BRINK’S SECURITY SERVICES S.A., BRINK’S AVIATION SECURITY SERVICES S.A, MEGA SPRINT GUARD S.A, DRASIS SECURITY GROUP S.A, DIAS SPRINT GUARD and STEFANIDIS D. KONSTANTΙNOS

The Grand Chamber of the Hellenic Competition Commission (HCC), by its unanimous Decision No. 721/2020, adopted under the simplified Settlement Procedure, according to article 25a of Law 3959/2011, as amended, and HCC Decision No 704/2020, following the submission of a relevant request by the parties involved, decided that the aforementioned companies infringed Articles 1 of L. 3959/2011, 1 L. 703/1977 and 101 TFEU. The Decision was adopted under the above simplified Settlement Procedure following the expression of interest by the parties concerned to engage in the settlement procedure and their consequent written reply that the Statement of Objections of the Rapporteur reflects the settlement submissions.

According to the grounds of the HCC’s Decision, BRINK’S SECURITY SERVICES S.A. and BRINK’S AVIATION SECURITY SERVICES S.A. were engaged, as they have unreservedly accepted, during the period 2009-2011, to the extent that each of them is concerned, in anti-competitive actions consisting in distorting competition in breach of Articles 1(1) of L. 3959/2011, 1(1) of L. 703/1977 and 101 TFEU, in the market of security services. By the same Decision, the HCC found out that MEGA SPRINT GUARD S.A, DRASIS SECURITY GROUP S.A, DIAS SPRINT GUARD and STEFANIDIS D. KONSTANTΙNOS, during the period 2010-2012, participated, as they have unreservedly accepted, to the extent that each of them is concerned, in horizontal cartels (cartels between MEGA SPRINT - DIAS SPRINT GUARD και MEGA SPRINT - DRASIS – STEFANIDIS) in breach of Articles 1 L. 703/1977 and 1 L. 3959/2011, in the context of tendering procedures in the market of security services.

In light of the above, the Hellenic Competition Commission imposed on the aforementioned companies the following fines (depending on the duration of the involvement of each one in the infringements):

1) BRINK’S SECURITY SERVICES S.A, a fine of €411.154,51 

2) BRINK’S AVIATION SECURITY SERVICES S.A, a fine of €17.676,083 

3) MEGA SPRINT GUARD A.E., a fine of €256.750,574 

4) DRASIS SECURITY GROUP, a fine of €2.213,545 

5) STEFANIDIS D. KONSTANTΙNOS, a fine of €81,69.

6) DIAS SPRINT GUARD, a fine of €230,13.

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