We will start by identifying TECol as a project financed by the European Union.
Project number: HOME/2012/ISEC/AG/FINEC/4000003870
Project funded: by the EU
Programme: European Union – DG JUSTICE
Sub-programme: “Prevention of and Fight against Crime” – Targeted Call ISEC 2012 “Financial and Economic Crime” (FINEC) Action Grants
The aim of the project is to provide for a widespread, easy to access and to apply tool for detection of cartels.
The tool will use publicly available databases and will provide objective conclusions about possible cartels existence, based on mathematical and economical models.
The main project objective is to increase the efficiency of financial investigations through the active involvement of civil society and individuals.
We also aim to encourage horizontal cooperation, “public-private” partnership between active citizens and empowered institutions for the prevention of financial crime.
To fulfil this aim we have created a set of tools which we named after the project – TECoL.
TECol is a software, set of web-based tools, that can potentially turn every European citizen into a financial investigator and facilitate the contact and cooperation between the citizen and the law enforcing agencies and other interested parties.
However, TECOL is just a software – not very sophisticated, not very mighty, not aiming at detecting or investigating a cartel. Its target is to serve you. You as a citizen affected by a cartel. You as a member of a civil society concerned about its welfare and its future.
It tries to give some objective grounds to your experience, to your feeling, to your contemplations regarding a cartel existing in some market segment.
In fact the decisive advantage of TECOL is that it tries to infuse the blood and spirit of real experience, crucial, sometimes vital market interaction of real parties of real economic and social life to the rather cautious and sometimes ambiguous scientific reconstructions.
By creating a tool that is easy to use this project changes the status quo. It allows the victims to help with the detection of cartels and assist the Authorities in the crime detection phase. It allows Regulation 1/2003 to be implemented the way it is meant.