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The Competition and Consumer Commission of Singapore (“CCCS”) has issued an Infringement Decision against Flex Connect Pte Ltd (formerly known as Facility Link Pte Ltd) (“FL”) and Tarkus Interiors Pte Ltd (“Tarkus”) (each a “Party” and collectively the “Parties”) for infringing the Competition Act 2004. FL and Tarkus provide interior decoration and finishing works and are amongst only a limited pool of firms able to undertake high value contracts. After extensive investigations by CCCS, the Parties have been found to have engaged in bid-rigging conduct relating to several tenders for interior fit-out construction services in non-residential properties across Singapore.
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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