Keltbray lands increased £18m fine after losing bid-rigging appeal

Neil Gerrard Senior Editor, Construction Briefing

23 December 2024

Demolition company Keltbray will now have to pay an increased fine of £18 million ($22.6 million) after it appealed against a penalty from the UK’s competition watchdog and lost.

Keltbray was one of 10 companies found by the Competition and Markets Authority (CMA) to have rigged bids for demolition contracts.

It was one of eight companies to have entered a settlement agreement with the CMA, in which it admitted liability for eight infringements in June 2022, in return…

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