Cartels and Bid Rigging

It is now widely recognized that hard core cartels, or agreements among competitors to fix prices, restrict output, submit collusive tenders (so-called bid rigging) or share markets, are one of the most serious and harmful forms of anti-competitive conduct. As a result, countries are increasing their efforts to combat this conduct. In OECD countries and elsewhere in the world, prohibition against hard core cartels is now considered to be an indispensable part of a domestic competition law.

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Competition in Bidding Markets

13-Jun-2007

Competition authorities become interested in auctions by a number of routes. In competition advocacy, they may advise other parts of government on how to design auctions in order to improve their efficiency—the degree of competition. They may evaluate mergers and agreements between firms that operate in auction markets. And they may be concerned with collusion and abuse of a dominant position in auctions.

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The 2005 report focuses on four topics, including progress in member countries and observer countries in fighting cartels; public awareness of the harm casued by cartels, effective sanctions against cartel conduct, in particular sanctions against individuals; and international cooperation in cartel cases

Hard Core Cartels: Third Report on the Implementation of the 1998 Recommendation