What Happened
Authority Seeks To Enhance Transparency In Public Contracts
The UK Competition and Markets Authority (CMA) has announced plans to use Ministry of Defence (MoD) procurement data to detect and deter collusion in defence supply chains. The CMA estimates that bid rigging may be costing UK taxpayers between £1 billion and £3.5 billion annually. The authority has recommended increased focus on preventing bid rigging in public procurement, including the use of data-driven screening tools to identify suspicious bidding patterns. This development was reported by Hogan Lovells Cadwalader.