Cartel-buster expected to announce demolition firms’ bid-rigging fines ‘within weeks’

CMA

Penalties for contractors named by CMA set to run into millions of pounds

The Competition and Markets Authority has told those demolition firms who have admitted their involvement in bid-rigging they will find out how much they will be fined by January.

In all, 10 firms were found guilty of bid-rigging, with seven of the 10 also accused of making and receiving ‘compensation payments’.

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