Article: OFT Decision Lifts The Lid On Cover Pricing.(Office of Fair Trading )

Article: Construction Firms Fined For Cover Pricing.(United ...
Mondaq Business Briefing;  October 6, 2009 ;     700+ words ... ... firms found by the OFT to have been guilty of 'cover pricing'. Cover pricing ... contractors fined by the OFT for cover pricing would fall within ... Guidance issued by the OFT in conjunction with ... the practice of cover pricing was widespread in ...

Article: Over 100 Building Firms Fined For Cover ...
Mondaq Business Briefing;  October 21, 2009 ;     700+ words ... ... Competition Act 1998. Their activities involved cover pricing - which is where the bidding parties agree ... had had their fines reduced under the OFT's leniency regime as they had co-operated ... their annual worldwide turnover. The OFT can fine offenders up to 10% of global ...

Article: OFT issues Statement of Objections against 112 ...
M2 Presswire;  April 17, 2008 ;     700+ words ... ... England. The OFT formally alleges ... in particular cover pricing. Cover pricing ... inflated prices. Cover pricing arrangements ... found by the OFT and the Competition ... England. The OFT has also received evidence of cover pricing implicating ...

Article: OFT Fines 103 Construction Companies For Breach Of ...
Mondaq Business Briefing;  November 2, 2009 ;     700+ words ... ... Kier plc. The OFT's findings primarily ... the practice of "cover pricing", where a bidder ... false invoices. The OFT considers this practice ... competition law than cover pricing. The investigation ... apartment blocks. The OFT stated that it actually ... uncovered evidence of ...

Article: Suspicious auditor and OFT inquiry expose the shocking ...
Derby Evening Telegraph;  September 23, 2009 ;     700+ words ... ... Pounds 1.2m. The OFT said Bowmer and Kirkland engaged in cover pricing with Nottsbased ... case, said the OFT was not aware of the extent of cover pricing in the construction ... widespread." The OFT found evidence of cover pricing in more than 4 ...

Article: OFT fines 103 construction companies record [pounds ...
Mondaq Business Briefing;  September 23, 2009 ;     700+ words ... ... the subject of previous OFT infringement decisions ... in six instances, the OFT found that construction ... tenders on the basis of cover pricing also made compensation ... across England. The OFT has stated that it received evidence of cover pricing implicating many more ...

Article: OFT must avoid disproportionate penalty for offences; ...
The Birmingham Post (England);  April 22, 2008 ;     700+ words ... ... were examples of 'cover pricing', where busy ... Confederation said the OFT should see the ... dealing with in cover pricing - there was no ... firms accused of cover pricing from tender lists ... contractor." The OFT said 'a minority ...