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Article: United Kingdom: Commission Investigates Tender Process for Construction of 2010 World Cup Stadia.
- Article from:
- TendersInfo
- Article date:
- October 10, 2009
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The Competition Commission has been investigating various aspects of the construction industry for more than two years after identifying construction, food and pharmaceuticals as critical sectors in terms of consumer welfare.
Evidence from international competition authorities indicates that anti-competitive activity is widespread in the construction industry - for example, a UK cartel investigation uncovered evidence of bid rigging in public sector tenders and private contracts. Similar conduct, which can be attributed to the high degree of cooperation among firms, was also found in Japan, the Netherlands, France and Hungary.
In light of the escalating ...