The Canadian Competition Authority fines interior company $750,000 for participating in criminal bid-rigging (CPL Interiors)
CPL Interiors Fined More Than $750,000 In Toronto Condo Refurbishment Bid-Rigging Case*
On January 17, 2021, Canada’s Competition Bureau (Bureau) announced that CPL Interiors Ltd. (CPL) was fined $761,967 after pleading guilty before the Ontario Superior Court for participating in a criminal bid-rigging conspiracy under Canada’s Competition Act.
In making the announcement, the Commissioner of Competition said:
“Cracking down on criminal conspiracies that harm Canadians and the Canadian economy is a top priority for the Competition Bureau. We will continue to pursue all those who plot to increase their profits through criminal bid-rigging schemes.”
CPL admitted to conspiring with several competing businesses between 2009 and 2014 to divide/allocate customers and fix bid prices
Access to this article is restricted to subscribers
Already Subscribed? Sign-in