Hot Issue (#07-08 July-August 2010)

Investigation of Collusive Practice in Ukrainian State Procurement Procedures

by Oleksandr A. Aleksyeyenko, Artur V. Yalovyy

Intense competition among participants of procurement procedures helps governments to obtain the best value for the goods and services they procure. Conversely, when competition is restricted, for example, when suppliers are engaged in collusive practice and bid rigging, taxpayers’ money is wasted as governments pay more than a fair price…

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