Displaying items by tag: collusion

Public sector agencies have been warned to be alert to the potential for collusion between bidders during procurement processes, following a recent ACCC investigation where departmental processes contemplated cooperation by competing businesses on government tenders.

Data-driven innovation has allowed consumers to search for better products and deals instantaneously and allows providers to price discriminate based on minute-by-minute demand analysis – but it also creates opportunities for collusion, according to the chief of the competition watchdog, the ACCC.