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The case involved the bid system for Aldi construction projects in southern Illinois and Missouri. Breese contractor and Aldi executive sentenced in bid-rigging and kickback scheme Skip to main ...
A federal district court in February 1961 fined 29 electrical manufacturing companies and 45 individuals a total of $1,924,500 for violating the antitrust laws by fixing prices and rigging bids on heavy electrical equipment, some of which was sold to the Government. [46] (See also: Allis-Chalmers § 1960s and 1970s.)
It is a form of price fixing and market allocation, often practiced where contracts are determined by a call for bids, for example in the case of government construction contracts. The typical objective of bid rigging is to enable the "winning" party to obtain contracts at uncompetitive prices (i.e., at higher prices if they are sellers, or ...
He, along with others charged, including construction contracting firm owner Louis Ciminelli, are alleged to have bribed Cuomo aide Joseph Percoco and engaged in bid rigging. Percoco was accused of taking at least US$315,000 in bribes; [4] Kaloyeros was alleged to be paying US$25,000 monthly to a lobbyist for his help in rigging the bids. [5]
JP Morgan Chase has agreed to pay nearly a quarter of a billion dollars in compensation, penalties and disgorgement to federal and state agencies to settle charges of bid rigging in the municipal ...
A Caltrans manager received more than $800,000 in bribes as part of a bid-rigging scheme.
The 2005 Japanese bridge scandal (橋梁談合事件, Kyōryō dangō jiken, 'Bridge bid-rigging case') was centered around the use of bid-rigging between 47 colluding Japanese firms and Japan Highway Public Corporation (JH) in the granting of contracts to build steel bridges in violation of Japanese competition law.
In some cases no work was ever done. ... The former director of the Chatham County Housing Authority was sentenced to 2 1/2 years in prison Wednesday for a bid-rigging scheme that awarded ...