French competition watchdog investigates IT services sector

By Kitco News / November 09, 2018 / www.kitco.com / Article Link

PARIS (Reuters) - Several French IT companies have been searched on suspicion of anti-competitive practices, the country’s competition watchdog said on Friday.

The regulator did not name any of the companies that were targeted but said they were active in the fields of IT services, consulting, engineering and software.

“At this point, these searches obviously do not prejudge the guilt of the companies and organizations that are concerned by these suspected practices...”, the regulator said.

France has a number of large IT and consulting groups, including Alten, Altran, Assystem, Atos, Capgemini and Sopra Steria.

Reporting by Mathieu Rosemain; Editing by Elaine Hardcastle

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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