Question 5. (10 pts)

The European Commission handed out a fine of 999 million EURO to elevator and escalator manufacturers that participated in a cartel. They coordinated the bids for tenders for large building projects in the European Quarter in Brussels. The fines are always substantial, in the words of former EU Commissioner for Competition Neelie Kroes: "It is not coffee money".

Explainwhy the behaviour of the elevator companies was in breach of the TFEU. Name therelevant article. Mention and explain all relevant elements of this article.

Good day, maybe you can answer to this question?