Competition (Amendment) Act 2022

Amendment of section 4 of Principal Act

5. Section 4 of the Principal Act is amended, in subsection (1)—

(a) in paragraph (e), by the substitution of “subject of such contracts, or” for “subject of such contracts.”,

(b) by the insertion of the following paragraph after paragraph (e):

“(f) are concerned with bid-rigging.”,

and

(c) by the insertion of the following subsection after subsection (10):

“(11) In this section—

‘bid-rigging’ means the formation or continuation of an agreement or concerted practice between undertakings concerning or relating to their participation or non-participation in a relevant bidding process without informing the person requesting bids or tenders, and without prejudice to the generality of the foregoing includes the following:

(a) an agreement whereby one or more undertakings agree not to submit a bid or tender in a relevant bidding process, or agree to withdraw a bid or tender submitted as part of such a process;

(b) an agreement whereby one or more undertakings submit a bid or tender, as part of a relevant bidding process, on terms, or subject to conditions, arrived at in accordance with the agreement or concerted practice between such undertakings;

(c) collusive tendering;

‘relevant bidding process’ means a process by which bids or tenders to supply a product or service, to produce a product or to enter into a concession contract are requested.”.