Construction markets referred to UK commission

Thursday, 19 January 2012

The OFT has referred the markets to the commission for a more in-depth investigation
The UK’s Office of Fair Trading (OFT) has referred the markets for aggregates, cement and ready-mix concrete to the Competition Commission for in-depth investigation.

Spain fines construction companies for bid rigging

Monday, 24 October 2011

Spain competition authority fined 47 construction companies €47 million
Spain’s Competition Commission (CNC) today announced that it has fined 47 construction companies more than €47 million for bid rigging and price fixing in public tenders.

Another concrete company admits to DoJ price fixing charges

Thursday, 25 August 2011

DoJ secures new guilty plea in concrete pipes case
A fourth ready-mix concrete company has pleaded guilty to US Department of Justice antitrust division charges for its role in a price fixing and bid rigging conspiracy.

US court grounds helicopter cartel case

Tuesday, 28 June 2011

A US judge has accepted a motion for summary judgment from three helicopter transport companies facing a price fixing lawsuit, after new evidence failed to prove an antitrust infringement.

OFT suffers "significant setback" as CAT slashes more cartel fines

Monday, 04 April 2011

OFT sees more fines reduced
The UK’s Competition Appeal Tribunal has lowered fines issued by the Office of Fair Trading to six employment agencies for alleged cartel behaviour.

CAT cuts more construction fines

Friday, 25 March 2011

Six construction companies have received a 75 per cent reduction in fines imposed by the UK’s Office of Fair Trading (OFT) for cover pricing, reducing them from a combined £15.5 million to £3.78 million.

OFT construction cartel fines slashed by 90 per cent

Monday, 14 March 2011

CAT slashes construction fines
British building group Kier has had its £17.9 million fine reduced to £1.7 million by the UK Competition Appeal Tribunal. Other companies have received proportionally similar reductions.

South Africa pursues construction sector

Thursday, 03 March 2011

South Africa’s Competition Commission has referred a suspected cartel in the steel pilings market to the country’s Competition Tribunal. It has also announced a settlement with steel company Aveng on separate cartel charges in the supply of wire mesh and reinforcing bars.

SAIC takes first enforcement steps

Wednesday, 02 March 2011

China’s State Administration for Industry and Commerce (SAIC) has published its first enforcement decision since the country’s Antimonopoly Law came into force in August 2008. It fined a construction association and several of its members for market allocation.

SA plumps for settlements in construction sector

Premium Article - Wednesday, 02 February 2011

South Africa’s Competition Commission today invited construction companies that have been party to bid rigging or other collusive activity to settle via a ‘fast-track’ procedure.

Caterpillar/Bucyrus deal confirmed

Premium Article - Tuesday, 16 November 2010

Construction and mining company Caterpillar has announced it is buying US rival Bucyrus International, subject to antitrust approval.

OFT opens inquiry of aggregates sector

Premium Article - Tuesday, 07 September 2010

The UK’s Office of Fair Trading says it has opened an investigation of competition in the country’s aggregates market after receiving complaints about the sector.

NMa gets backing over fast-track procedure

Premium Article - Tuesday, 13 July 2010

Dutch construction companies have failed in their challenge against the the competition authority's use of fast-track measures in the 2004 construction cartel case.

Kier challenges OFT fine

Premium Article - Tuesday, 29 June 2010

Construction company Kier has launched an appeal against the UK Office of Fair Trading’s £17.9 million fine imposed on it for bid rigging. Lawyers say the appeal could have repercussions for the OFT’s future fining policy.

Hungary issues record fines

Premium Article - Thursday, 24 June 2010

Hungary’s Competition Authority has fined four construction companies more than €25 million for bid rigging in the country’s railway maintenance sector.

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