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Thursday, July 1, 2021
Volume:
37
Issue:
7
Abstract:
On June 25, 2021, the United States Department of Justice announced that G4S Secure Solutions NV (G4S), a Belgian security firm, has agreed to plead guilty for its role in a conspiracy to rig bids, allocate customers, and fix prices for defense-related services. The agreement constitutes the first international resolution obtained by the Procurement Collusion Strike Force (PCSF).[1]
[1] U.S. Department of Justice, Belgian Security Services Firm Agrees to Plead Guilty to Criminal Antitrust Conspiracy Affecting Department of Defense Procurement, Press Rel. 21-599, June 25, 2021.