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Hong Kong's antitrust watchdog said it has busted a bid-rigging syndicate involved in 17 building renovation projects that worth a total of $700 million. The cartel is accused of slipping in less attractive "pig quotes" as a cover for the mastermind firm to win the tender. #HongKong #BidRigging #BuildingMaintenance #Antitrust | HOY International Business Channel
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Antitrust laws, primarily the Sherman Act, prohibit trucking companies from colluding to fix, lower, or stabilize driver pay and rates, as this constitutes illegal price-fixing or bid-rigging. Such conspiracies are
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