OFT hammers cartel bid rigging
29 August 2012
The Office of Fair Trading (OFT) has stepped up pressure on organisations involved in price cartels with a string of convictions and a warning to public sector purchasers.
Speaking to Supply Management, director of cartel operations Simon Williams said lower-spending bodies should be particularly aware of the potential for bid rigging and collusive tendering.
“It is sometimes easy for suppliers to get away with collusion on tendering if the purchaser in a small authority is hard-pressed for time, has few resources and help and...