Published by Global Banking and Finance Review
Posted on December 11, 2024
1 min readLast updated: January 19, 2026
(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)
Explore more articles in the Finance category
