[NOR] NCC included in investigation concerning price collusion in Norway

Since February 2010, the Norwegian Competition Authority has been conducting an investigation into possible price collusion in the asphalt industry in the Trondheim region. The companies under suspicion include Kolo Veidekke and NCC Roads AS. NCC is cooperating with the authorities in the investigation of the matter.

The information that has emerged in recent days indicates that price collusion may have taken place, which is entirely contrary to NCC’s values and approach to conducting business.

“NCC strongly condemns all forms of breaches of competition legislation. Accordingly, we are working with the Norwegian Competition Authority to find out what has occurred as soon as possible,” says Håkan Broman, General Counsel at NCC.

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