|
contents | news | |||||||||
| BAM draws line under 'old construction case' Royal BAM Group nv has concluded objection proceedings against the fines imposed by the Netherlands Competition Authority (NMa) in December 2003. The fines, totalling €27.5 million, had been imposed by the NMa on several business units because of infringements of the Competitive Trading Act. Against the background of the 'cleaning house' operation that has taken place, the NMa has now lowered these fines to € 15.3 million. Royal BAM Group regards the construction industry irregularities as the blackest page in the history of the company and expects - now that the NMa has taken this decision on the fines - to be able to definitively draw a line under the past. write your comments about the article :: © 2006 Construction News :: home page |