Limiting collusion in the construction industry: A review of the bid-rigging settlement in South Africa
Journal of Economic and Financial Sciences
| Field | Value | |
| Title | Limiting collusion in the construction industry: A review of the bid-rigging settlement in South Africa | |
| Creator | Ratshisusu, Hardin | |
| Description | This paper undertakes a critical case analysis of the process and outcomes of the Competition Commission (CCSA) Fast Track Construction Settlement Project relative to the mandates of the CCSA and the Construction Industry Development Board (CIDB). The study reviews the information from the CCSA’s settlements, analysing the breakdown by private and public projects, type of project and the nature of bid-rigging. It provides an assessment of the practices involved and considers the cooperation that is required for the successful implementation of large infrastructure projects and how these can be organized in a way that ensures rivalry while enabling co-operation. The paper further reviews the barriers to entry, and the complementary measures that can be taken to ensure greater effective rivalry and participation. Interventions that could be necessary at the regulatory, procurement and firm level to ensure that the construction sector charts a new sustainable competitive path are highlighted. | |
| Publisher | AOSIS | |
| Date | 2014-09-30 | |
| Identifier | 10.4102/jef.v7i4.386 | |
| Source | Journal of Economic and Financial Sciences; Vol 7, No 4 (2014); 587-606 2312-2803 1995-7076 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://jefjournal.org.za/index.php/jef/article/view/386/467
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