Italy’s antitrust watchdog investigates six consultancy firms 

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Italy’s competition authority is investigating six consultancy firms over allegedly coordinating their offers in a public tender for services to the national public administration, the watchdog said in a statement on Wednesday.

Rome and Milan offices of Deloitte & Touche, Meridiana Italia, KPMG, PricewaterhouseCoopers, PricewaterhouseCoopers Advisory, Reconta Ernst & Young have been searched by the authority’s officials and the finance police, it said.

The watchdog said the investigation was looking at a tender launched by Consip – Italy’s centralised procurement agency – in March last year for services supporting the country’s auditing authorities regarding programmes co-financed by the European Union.

The competition watchdog said the investigation would be concluded by the end of October next year.

Ernst & Young had no immediate comment. The other companies involved could not immediately be reached for comment.

Source: Reuters

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