U.S. Justice Dept sets up anti-price collusion 'strike force'

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U.S. Justice Dept sets up anti-price collusion 'strike force'
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The Justice Department said on Tuesday it had created a strike force that will i...

WASHINGTON - The Justice Department said on Tuesday it had created a strike force that will identify and prosecute companies that fix prices or collude to push up the cost of billions of dollars’ worth of U.S. government purchases.

The Procurement Collusion Strike Force will be made up of the department’s Antitrust Division, 13 U.S. attorneys’ offices, the Federal Bureau of Investigation and the offices of inspectors general from the Defense Department, Justice Department, General Services Administration and U.S. Postal Service.

About 40% of U.S. government discretionary spending, or about $550 billion in 2018, is disbursed via contracts for goods and services, according to the watchdog Government Accountability Office. plead guilty to criminal charges and pay $236 million for their role in a conspiracy to fix the price of fuel sold to U.S. military bases in South Korea. [nL2N1XX00F]

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