Competition Council launches awareness campaign to combat collusion in public tenders

Riyadh, 19 Safar 1437 AH, December 1, 2015, SPA — The Competition Council has launched its 5th awareness campaign for the second year of publication of competition culture project, titled “collusion in government tenders” aimed at providing general guidance for the fight against collusion between bidders in public and government tenders.
Emphasis was placed in this campaign, on the offense of collusion in government tenders and their negative impact on the economy and increase in the awareness and understanding of the need to stimulate competition and anti-manipulation for bidding through the activation of the principle of equal opportunities for all installations, the disclosure of agreements in different forms, the damage resulting from this practice to raise prices without justification, the lack of justice in the market, and creating fake competitive environment that is not based on true and fair competition between the parties concerned.
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15:09 LOCAL TIME 12:09 GMT