https:\/\/report.whistleb.com\/en-GB\/ccpc<\/a><\/p>\n\u201cInformation can be shared in confidence with the cartels team by calling our Immunity and Leniency phoneline on 087 763 1378,\u201d the CCPC said.<\/p>\n
The CCPC is the statutory body responsible for the enforcement of competition law in Ireland, including investigating suspected cartel conduct such as bid-rigging, price fixing, market sharing and output restriction.<\/p>\n
\u201cBid-rigging is a serious form of cartel conduct that occurs when businesses agree in advance how they will respond to a tender process, rather than competing independently. Such conduct may include agreeing who will win a contract, submitting cover bids, taking turns winning contracts or agreeing not to bid,\u201d\u00a0 the watchdog said.<\/p>\n
\u201cEffective competition is essential to supporting a strong, resilient and growing Irish economy. When businesses compete fairly, it drives innovation, supports economic growth and helps ensure that businesses, public bodies and consumers get the best possible value for money,\u201d \u00dana Butler, Commission Member at the CCPC said.<\/p>\n
\u201cWhile searches do not imply that any breach of competition law has occurred, the CCPC remains committed to fully investigating suspected bid-rigging to protect fair competition and consumers,\u201d she added.<\/p>\n
The CCPC also operates a Cartel Immunity Programme, in conjunction with the Director of Public Prosecutions (DPP) and an Administrative Leniency programme. Individuals may avoid criminal prosecution and get immunity from, or reductions in, fines if they reveal their involvement in illegal activity and fully cooperate with a CCPC investigation.<\/p>\n
The Competition Act prohibits anti-competitive agreements, decisions, and concerted practices, which may include any of the following:<\/p>\n
Price fixing, where competitors illegally agree the price for, or discounts on, goods or services.
\nMarket sharing, where competitors illegally agree on which locations each of them can or cannot operate in, or customers to whom they can or cannot sell; or divide locations and\/or customers up.
\nLimiting production, where competitors illegally agree to restrict the amount of goods or services provided to ensure prices remain high.
\nBid-rigging\/collusive tendering, where competitors illegally agree how they will bid for contracts instead of competing independently. This can lead to higher prices and poorer value for purchasers.<\/p>\n","protected":false},"excerpt":{"rendered":"The Competition and Consumer Protection Commission (CCPC) has carried out \u201cdawn raids\u201d of businesses active in the solar…\n","protected":false},"author":2,"featured_media":637364,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[270747,72,43427,270748,61,60,17216],"class_list":["post-637363","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bid-rigging","tag-business","tag-ccpc","tag-dawn-raids","tag-ie","tag-ireland","tag-solar-panels"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/637363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=637363"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/637363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/637364"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=637363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=637363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=637363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}