The two companies - Flex Connect and Tarkus Interiors - colluded to provide bid details to the other firm, allowing one of them to submit a higher bid to stand a better chance of securing projects.
The Tokyo District Court found two major construction companies and two former executives guilty of bid-rigging on a high-speed rail project, a scandal the presiding judge said damaged public trust.
Despite the summer doldrums, cartel enforcers around the world had several notable enforcement actions and, perhaps more importantly, signaled a busy fall and winter. In the United States, the Dep ...
New Zealand’s first-ever criminal court sentencing for “cartel conduct” resulted from an errantly sent email attachment revealing price rigging between two competitor construction industry businesses.