DAMAGES TO PUBLIC AGENCIES FOR ANTICOMPETITIVE CONDUCTS

Damages to Public Agencies for Anticompetitive Conducts

From: https://www.expertguides.com/articles/damages-to-public-agencies-for-anticompetitive-conducts/arhoppdt

“Which are the damages that public agencies suffer as a consequence of bid rigging? Colombia’s Competition Authority (Superintendence of Industry and Commerce: Miguel de Quinto; 2012) and the different competition authorities around the world have identified the damages with the extra-cost generated by the anticompetitive agreement, in comparison with the price that would have been obtained in a competitive tender.

With this in mind, what can the public agency do before the execution of the public contract? There are basically four options and moments in which the entity has powers to attack the collusion […].”

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