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 ..


Article metrics loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error