Secret price-fixing tapes released as cartel buster ramps up pressure on construction

By Jordan Marshall2020-02-27T06:00:00

Competition & Markets Authority targeting industry with anti-cheating message

Recorded conversations and new research have revealed construction firms are "quite happy" to fix prices, according to the Competition & Markets Authority.

The CMA said while anti-competitive practices like price fixing, bid rigging and dividing markets or customers between competitors - commonly referred to as market sharing - could take place in any business, a number of recent cases have come from the construction industry.

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