Targeting the construction industry
Language: English Series: Property Forecast ; 11(5) May 2008, 4-5(2)Publication details: 2008Subject(s): Summary: Reports on the progress and impact to date of the Office of Fair Trading's statement of objections against 112 construction companies for anti-competitive practices. 37 firms have applied for leniency in exchange for full and frank cooperation into the allegations of cover pricing and bid rigging arrangements. Cautions that the levying of excessive fines as punishment may contribute to bankruptcy in the sector. This in turn may reduce the amount of competition available.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143906 (Browse shelf(Opens below)) | 1 | Available | 143906-1001 |
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Reports on the progress and impact to date of the Office of Fair Trading's statement of objections against 112 construction companies for anti-competitive practices. 37 firms have applied for leniency in exchange for full and frank cooperation into the allegations of cover pricing and bid rigging arrangements. Cautions that the levying of excessive fines as punishment may contribute to bankruptcy in the sector. This in turn may reduce the amount of competition available.