Agreed bid prices in advance with local rival for work in Australian mining camps
Delivering any services to those locations is expensive and IT services’ providers aren’t exempt from the need for travel or the nasty conditions that see staff paid above market rates for similar jobs in nicer places.
But the mines also offer big opportunities for technology to shine: mining companies in the region have pioneered self-driving trucks and trains. Winning work in the mines could be a shop window for huge future opportunities. And when we say huge, we are not exaggerating: over 100 million tonnes of iron ore passes through local ports in a busy month, with annual sales topping AU$130 billion .Swift has now been ordered to pay a penalty of AU$1.2 million for its part in the cartel.
“We have taken this case as a reminder to businesses that we take this type of anti-competitive conduct extremely seriously and will always take appropriate action,” states a canned quote from ACCC Commissioner Liza Carver. “Bid rigging is a serious breach of competition laws. Cartel conduct such as this can lead to higher prices for other businesses, and ultimately consumers.” ®
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