CCCS Penalises Contractors for Bid rigging in Tenders for Maintenance Services of Swimming Pools and Other Water Features
The Competition and Consumer Commission of Singapore (“CCCS”) has issued an Infringement Decision (“ID”) against three businesses for infringing section 34 of the Competition Act (Cap.50B).
The three businesses, namely CU Water Services Pte. Ltd. (“CU Water”), Crystalene Product (S) Pte. Ltd. (“Crystalene”) and Crystal Clear Contractor Pte. Ltd. (“Crystal Clear”) (collectively the “Parties”), have engaged in bid-rigging conduct relating to tenders called for the provision of maintenance services for swimming pools, spas, fountains and other water features. Affected developments included condominiums and hotels in Singapore.
Based on the findings set out in the ID, CCCS has imposed the following financial penalties on the Parties:
Read the full media release here.