Canadian Builder Admits To Role In Bid-Rigging Scheme

Law360, New York (July 19, 2011, 3:33 PM EDT) -- A Canadian court ordered Les Entreprises Promecanic Ltee to pay a CA$425,000 ($447,000) fine after the construction firm pled guilty Tuesday for its role in a bid-rigging scheme for ventilation contracts, Canada's antitrust watchdog said.

The company copped to three criminal charges in Quebec Superior Court, according to Canada's Competition Bureau, admitting it had secretly coordinated its bids for private sector ventilation contracts with competitors to predetermine the winners in three calls for proposals issued by general contractors in 2004 and 2005.

Les Entreprises was one...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.