A total of 21 construction firms have reportedly admitted to rigging bids of contracts, while an additional 22 companies will face penalties for not heading to a Competition Commission request for information about the case. While the companies have not been named, details have emerged that 131 projects were subject to the bid-rigging scheme, with contracts involving the building of various infrastructure including damns, mines and shopping centers. The companies are now set to sign a Consent Agreement in May, while their identities will be revealed in the weeks following.
Featured News
UK Competition Regulator Reviews Need for Google Ad Restrictions
Jun 15, 2025 by
CPI
Pork Producers Seek Immediate Appeal in Price-Fixing Case
Jun 15, 2025 by
CPI
Crypto Heavyweights Close to EU Licenses Amid Regulatory Tensions
Jun 15, 2025 by
CPI
UK Data Bill (Finally) Passes, But Battle Over Copyright and AI Transparency Could Continue
Jun 15, 2025 by
CPI
Trump Urges FCC and EchoStar Chairman to Resolve Wireless Spectrum Dispute
Jun 15, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Industrial Policy
May 21, 2025 by
CPI
Industrial Strategy and the Role of Competition – Taking a Business Lens
May 21, 2025 by
Marcus Bokkerink
Industrial Policy, Antitrust, and Economic Growth: Some Observations
May 21, 2025 by
David S. Evans
Bolder by Design: Crafting Pro-Competitive Industrial Policies For Complex Challenges
May 21, 2025 by
Antonio Capobianco & Beatriz Marques
Competition-Friendly Industrial Policy
May 21, 2025 by
Philippe Aghion, Mathias Dewatripont & Patrick Legros