Keltbray to appeal ‘excessive’ bid rigging fine
27 March 2023
One of the companies fined as a result of the United Kingdom’s Competition and Markets Authority (CMA) investigation into big rigging in demolition contracts has described its punishment as “excessive when compared to its level of involvement” and says it will appeal against the decision.
Keltbray, whose head office is in Esher in the south of England, was one of 10 companies fined a total of almost £60 million (US$73.92 million).
The £16 million ($19.71 million) fine issued to Keltbray was the second highest imposed on any of the 10 companies. In its announcement, the…
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