Competition watchdog zeroes in on industry’s cartel activity

By Joey Gardiner2019-05-15T05:00:00

Source: Shutterstock

Number of investigations into construction at 10-year high, CMA says

Construction firms are under greater scrutiny from the competition watchdog than they have been at any time in the past 10 years, the agency in charge of busting cartels has confirmed.

Back in 2008 the Competition and Markets Authority’s (CMA) predecessor, the Office of Fair Trading (OFT), fined 103 firms more than £130m in total for anti-competitive behaviour.

Howard Cartlidge, CMA’s senior director – cartels, said it currently had more cartel investigations in construction than at any time since that OFT probe.

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