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Biotronik AG

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« Ethical » rating of Biotronik AG , group and subsidiaries

Fraud 1
[click on the rating for the method or on the number for the data]

  • Shareholders

  • Business & market

  • Subsidiaries

  • Locations & production

  • Executives

  • Environmental impact

  • Human impact

social impact : country
social impact : country
 1 informations, access to subscribers

  • Lobbying & corruption

  • Subsidy

yearfinancial misdemeanor source
2007 The Council of competition sanctions five cardiac defibrillator manufacturers to a 2,6 million euros fine for refusing, in a concerted way, to answer the national invitation to tender concerning the supply as defibrillator organized by 17 hospitals. The five suppliers met on several occasions to discuss the action to be taken vis-a-vis with this national invitation to tender and acted in concert to lead to a common decision of refusal to answer the invitation to tender. A horizontal agreement as regards public market is serious by nature, independently of the importance of the affected market and the duration of this assignment, since it aims to prevent the process of competition. Specifically, the practices of companies resulted in ruining the first national invitation to tender on a grouped purchase of medical devices. This failure prevented the hospitals from profiting from a rationalization of their purchases and a fall of price and resulted in not renewing this type of invitation to tender thereafter. The sanctions are as follows: Biotronik: 200 000 euros; Guiding: 400 000 euros; Medical ELA: 500 000 euros; Medtronic: 1,1 million euros; Medical Jude Saint: 450 000 euros.    
yearfinancial misdemeanorsalesincomeassetsbuybacksource
 1 informations, access to subscribers
dubious practice : image
2007slogan: excellence for life.;
2006slogan: Life. Health. Safety.;

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