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Competition regulators nail the construction industry

Jim Riley

23rd September 2009

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The result of one of the OFT’s biggest-ever investigations. The OFT has fined 103 construction firms a total of £129.5m after finding them guilty of bid-rigging (a form of price fixing) on public sector contracts. Some of the UK’s best-known construction businesses have been fined. A terrific, topical example to use with students to illustrate illegal pricing strategies and tactics, and explain the nature of competition regulation.

Watch BBC video on OFT fining the bid-riggers

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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