UK's competition watchdog probes possible bid-rigging related to school improvement fund
Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026

The UK's competition regulator is investigating suspected bid-rigging by companies involved in a school improvement fund, focusing on illegal collusion in the construction sector.
(Reuters) - Britain's competition regulator said on Wednesday that it has launched an investigation into suspected bid-rigging in relation to a key government fund for improving the condition of school buildings.
The Competition and Markets Authority said it has reason to suspect that several companies providing roofing and construction services, including building contractors and technical advisors, "illegally colluded" to rig bids.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sonia Cheema)
The article discusses the UK's competition regulator investigating suspected bid-rigging related to a school improvement fund.
The investigation is being conducted by the UK's Competition and Markets Authority (CMA).
The investigation involves companies providing roofing and construction services.
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