24-06-2022 03:14 via constructionenquirer.com

Ten demolition firms named in cartel probe

Cartel busters at the Competition and Markets Authority  (CMA) have provisionally found that ten construction firms illegally colluded to rig bids for demolition and asbestos removal contracts.
The bid-rigging investigation relates to 19 contracts worth over £150m.
Following an investigation launched in 2019, the CMA has provisionally concluded that the firms colluded on prices through illegal cartel agreements when submitting bids in competitive tenders for contracts.These bids were
Read more »