About the case

The companies involved in the case have formally admitted to engaging in anti-competitive practices as part of a settlement agreement with the BCA. By entering into this settlement, the companies accepted responsibility for their participation in cartel activities and agreed to the terms outlined by the BCA. As a result of this agreement, the BCA's decision is now final and binding, meaning it is not subject to appeal or review by the Market Court anymore.
These cartel infringements had a significant negative impact on the market and, more specifically, on the clients and consumers who relied on private security services provided by these companies. Clients were therefore deprived of the advantages that a competitive market would typically offer, such as lower prices.

'No Win, No Fee'

Clients are not required to pay any upfront costs, legal fees, or bear any financial risks in pursuing the claim. The entire process is designed to be cost-free for the client unless the outcome is successful. In the event of a successful recovery of funds, LitFin will be compensated through a success-based fee arrangement, i.e. LitFin will receive a small portion of the amount recovered, which is agreed beforehand, as remuneration for its services.