oa Civil Engineering = Siviele Ingenieurswese - Uncompetitive joint ventures?
Extracted from text ... civil Engineering | January 2006 3 When coMPeTinG FirMs form joint ventures or consortiums to bid for a tender, there is a very real risk of transgressing the competition Act unless companies take due note of the provisions of the Act. As a starting point, the awarding of a tender highlights the difference between competition in a market and competition for a market. The essential purpose of competition law is to ensure that competition in a market flourishes. The competition authorities will therefore make every effort to prevent firms from conspiring to subvert free market forces by combining in one way ..
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