Ten construction firms fined a total of £60m for ‘illegally colluding’ on contract bids

CMA found companies had acted as a cartel over 19 private and public sector contracts worth 150m

Ten construction firms have been fined a combined 60m by the competition regulator for illegally colluding" to rig bids for lucrative contracts for projects including Bow Street magistrates court and Selfridges department store.

The Competition and Markets Authority (CMA) found that the companies had acted as a cartel over 19 private and public sector contracts that were worth 150m.