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Ireland: Watchdog finds bid rigging in cartel probe

By  |  August 15, 2016

Bid rigging, ‘car-clocking’ and selling of crashed cars were among the offences investigated, and in some cases prosecuted, by the Competition and Consumer Protection Commission, in its first two years of work.

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    In its inaugural report, the commission outlines how one individual and one company in the industrial flooring sector were charged by the DPP with bid rigging offences following a commission investigation in 2015.

    Isolde Goggin, chairperson, said their experience in investigating cartels showed that one of the most common forms of cartel concerns is bid rigging.

    “If only 5% of procurement processes were subject to bid rigging, the extra cost to the lrish taxpayer would be in the region of €100m per year,” Ms Goggin said.

    In order to detect and deter bid rigging, the commission is exploring the introduction of a screening programme for procurement processes which systematically searches for indications that bid rigging may have occurred, Ms Goggin said.

    Full Content: Irish Examiner

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