Tag: cartel
-
Bid rigging: CMA offers lessons for construction from cartel prosecutions
The Construction and Markets Authority (CMA) has posted some lessons from its successful £60m prosecution of 10 construction firms for cartel activity two years ago. In 2023, 10 construction firms were found to have broken competition law by making illegal arrangements to rig bids for demolition and asbestos removal contracts. The case also resulted in…
-
CMA closes probe into suspected concrete admixtures cartel
The Competition and Markets Authority has dropped an investigation into suspected conduct relating to the supply of chemical admixtures and additives for use in concrete, cement and related construction products in the UK. The competition watchdog’s statement said that it closed the probe “on the grounds that [it] no longer constitutes an administrative priority”. It…