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Probe of building industry ends this year

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In this article Companies and organisations: Competition Commission/Tribunal Topics: Gauteng highway tolls The Competition Commission’s fast-track settlement project for the construction industry is set to come to an end this year, with more than 20 firms confessing to irregular conduct in more than 300 projects and tenders worth close to R30bn. The objective of the project, launched in February 2011, was to convince firms in the sector to confess to involvement in bid-rigging relating to major infrastructure projects in SA, including the 2010 Soccer World Cup stadiums and the Gauteng Freeway Improvement Project. In return, the commission offered lower...

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