Tag: bid-rigging
Supply of solid fuel and charcoal products competition breach
First published by Author on June 15, 2018 in the following categories: Bid-Rigging Market Sharing Pricing and tagged with bid-rigging | cartels | marktet sharing | pricing
The CMA say they have found that a fuel cartel has been in place following their investigation into the supply of solid fuel and charcoal products coming to a head.
The CMA (Competition and Markets Authority) has fined two of the main suppliers in the market of bagged household fuels a total of £3.4 million having been found to have taken part in an illegal market-sharing cartel.
The two suppliers, CPL and Fuel Express, have been found in breach of competition laws by rigging competitive tenders for the supply of fuel products to Tesco and Sainsburys.