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Cartels and bid-rigging and how to spot them: an introduction for Trading Standards Officers
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Date and time
Tuesday 11 March 2025, 2:00pm to 3.30pm
Location
Online - Microsoft Teams Registration for this event closed at 12pm on 10 March 2025.
About this event
Business cartels occur when rival businesses agree to act together instead of competing with each other. This kind of arrangement is a form of cheating that’s designed to benefit cartel members while maintaining the illusion of competition. The most common forms of cartel activity include price fixing, market sharing and bid-rigging. They can all have significant adverse impact on their customers and ultimately ordinary members of the public. For instance, when suppliers get together to rig the outcome of a procurement process, rather than compete independently, prices can increase by 20% on average. Moreover, those involved will go to great lengths to hide wrongdoing necessitating complex intelligence led investigations.
Please join us at this interactive online session where you will be given practical tips on how to identify and report illegal business cartels as well as details about how the Competition and Markets Authority (CMA) unearths cartel activity and some recent examples of its investigations and prosecutions. You can find out more about cartels at Cheating or competing.
Who should attend
This session is for Trading Standards Officers from Scotland, Wales and Northern Ireland.
Contact us
If you have any questions about this event, please contact us.
Date and time
Tuesday 11 March 2025, 2:00pm to 3.30pm
Location
Online - Microsoft Teams Registration for this event closed at 12pm on 10 March 2025.
About this event
Business cartels occur when rival businesses agree to act together instead of competing with each other. This kind of arrangement is a form of cheating that’s designed to benefit cartel members while maintaining the illusion of competition. The most common forms of cartel activity include price fixing, market sharing and bid-rigging. They can all have significant adverse impact on their customers and ultimately ordinary members of the public. For instance, when suppliers get together to rig the outcome of a procurement process, rather than compete independently, prices can increase by 20% on average. Moreover, those involved will go to great lengths to hide wrongdoing necessitating complex intelligence led investigations.
Please join us at this interactive online session where you will be given practical tips on how to identify and report illegal business cartels as well as details about how the Competition and Markets Authority (CMA) unearths cartel activity and some recent examples of its investigations and prosecutions. You can find out more about cartels at Cheating or competing.
Who should attend
This session is for Trading Standards Officers from Scotland, Wales and Northern Ireland.
Contact us
If you have any questions about this event, please contact us.
