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The Competition and Consumer Commission of Singapore (“CCCS”) has, for the first time, taken enforcement action against companies that were formed for the purposes of facilitating bid-rigging conduct and issued an infringement decision1 against an undertaking in his individual capacity. An Infringement Decision (“ID”) against Rei Securite Pte. Ltd. (“Rei”) and Soh Chee Keong (“Soh”) (collectively, the “Parties”) was issued today, for engaging in bid-rigging conduct when tendering to supply licences for vulnerability management software (“VMS”) and related support services for three invitations to quote (“ITQs”) called by Ngee Ann Polytechnic (“NP”) between January 2021 and November 2022. The values of the affected ITQs were between $63,000 and $65,000.
CCCS has imposed financial penalties on the Parties.
Further information on the investigation, analysis of the case and the basis of calculation of the financial penalties imposed on the infringing parties are set out in the Infringement Decision.
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