Summary
SOUTH West construction firms are among those which have been hit with fines after illegally rigging contracts at the expense of the taxpayer.
The Office of Fair Trading (OFT) issued penalties to 103 companies worth a total of Pounds 129.5 million after an investigation into bid-rigging in England, but warned the practice had been "endemic" in the industry.See the full content of this document
Extract
103 Firms Fined for Rigging Contracts
It said companies colluded with competitors on building contracts and this meant customers were at risk of being overcharged.
The biggest fine...See the full content of this document
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