Preventing, detecting and prosecuting bid rigging rings often requires extensive outreach efforts to help raise awareness and foster cooperation among procurement officials, contractors and public prosecutors, a panel of top cartel enforcers said today. Ron Knox in Rio de Janeiro.

The US Department of Justice has for the first time sued oil and gas companies for allegedly rigging bids on mineral rights leases sold by the US Bureau of Land Management.

Chile’s Supreme Court has upheld the National Competition Tribunal’s fine of Radio Bio-Bio, rejecting appeals from both the National Economic Prosecutor’s Office (FNE) and the radio station itself.

An executive and a former executive at CDR Financial Products yesterday became the eleventh and twelfth individuals to plead guilty in the DoJ's investigation of the municipal bond industry.

The US Department of Justice’s antitrust division (DoJ) is looking into the US$5.3 billion acquisition of Del Monte Foods by a group of investment funds led by Kohlberg Kravis Roberts (KKR) – according to a securities lawyer for Del Monte’s former shareholders.

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.

Pakistan’s Competition Commission says a trade association and 22 of its members colluded to rig bids and fix prices on public power distribution tenders.

Italy’s Antitrust Authority has fined four makers of magnetic resonance equipment €5.5 million for bid rigging.

Germany’s Federal Cartel Office has fined vehicle manufacturer Iveco €17.5 million for rigging bids and allocating markets in the sale of turntable ladders, used in fire engines.