South Korean builders are coming under increasing pressure as they undergo investigation for suspected bid rigging amid difficult market conditions, industry sources said Wednesday. Insiders said the Fair Trade Commission (FTC) is examining all large-scale public construction projects undertaken during the previous Lee Myung-bak administration. If builders are found to have rigged bidding prices, they could be fined and barred from participating in future projects.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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