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US: Commercial flooring contractor pleads guilty to bid rigging

PCI FlorTech, an Illinois-based commercial flooring contractor, has been charged for its role in a long-running conspiracy to rig bids and fix prices for...

U.S. Cartel Investigations: The Next Big Thing?

August 2019 CPI Cartel Column edited by Rosa M. Abrantes-Metz (Global Economics Group) & Donald Klawiter (Klawiter PLLC) presents: U.S. Cartel Investigations: The Next Big Thing?...

New Zealand: Company to be prosecuted for real estate bid rigging

According to a report in the South China Morning Post, A company owned by New Zealand property tycoon Ron Hoy Fong is facing prosecution...

US: First individual defendant pleads guilty in ADRs investigation

Larry D. Meyers, the former head of the securities lending desk at Banca IMI Securities, pleaded guilty to a criminal antitrust charge for his...

US: NY Broker pleads guilty to bid rigging, again

Industrial and Commercial Bank of China Financial Services (ICBCFS)  pleaded guilty to an antitrust charge and was sentenced to pay a criminal fine in...

US: DOJ to curb bid-rigging in government purchases

The US Justice Department plans to be more aggressive in pressing antitrust charges against companies that have rigged bids for government contracts, the agency’s...

Canada: Japanese auto parts maker fined US$1.3 million for bid-rigging

Japanese car parts manufacturer Inoac has been ordered to pay US$1.3 million for its role in an international bid-rigging conspiracy, after pleading guilty in...

US: Settlement in Tax sale Bid-Rigging suit upheld on appeal

The US Court of Appeals for the Third Circuit has rejected a challenge to a US$9.59 million settlement in a New Jersey class action...

Japan: Contractors admit bid-rigging on maglev project

General contractors Obayashi and Shimizu admitted on Tuesday, July 10, to their involvement in rigging bids for a high-speed magnetic levitation railway project, reported...

Canada: Comp Bureau seeks criminal bid-rigging convictions

Canada’s competition enforcer has criminally charged four individuals with divvying up engineering contracts awarded by the City of Gatineau. The Competition Bureau says criminal...

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