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Companies accused of tender collusion pay fines to Competition Commission

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Singapore News News

Two firms run by a mother and son, respectively, have agreed to settle with the Competition Commission and pay penalties amounting to R80,000 for allegedly colluding with each other in relation to a National Treasury tender.

The tender was for the supply, delivery and offloading of animal feed to the state from October 1, 2016 to September 30, 2019.

The commission concluded that the conduct between Aludar and Ikemele amounted to collusive tendering in contravention of the Competition Act. “The consent agreements have both been confirmed as orders by the Tribunal,” the commission said in a statement.

 

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