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CPI-9881

Singapore: Auto traders caught scamming government auctions
 |  Mar 28, 2013

Twelve motor vehicle traders in Singapore have been fined by the Competition Commission of Singapore for rigging bids at public auctions. The Commission found their actions to be in violation of the Competition Act, and that between 2008 and 2011 the traders colluded in secret agreements to not outbid each other, despite the appearance of […]

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