Three private security companies under cartel investigation by Belgian Competition Authority

The Belgian Competition Authority (BCA) has sent statement of objections to three private security sector companies, Securitas, G4S and Seris Security, after forming a preliminary view that these entities have been involved in cartelization in private security services market. According to BCA these companies have, for several years, engaged in fixing minimum prices determined within the sectoral trade association, exchanges of information and coordination in tenders and reciprocal non-solicitation agreement for each other’s employees