The Competition and Markets Authority (CMA) is offering rewards of up to £250,000 to individuals who provide information that leads to an investigation into cartel activity. The CMA encourages reports on various anti-competitive practices between rival businesses.
These practices include agreeing not to compete, fixing prices or employee wages with competitors, sharing markets or customers, and colluding on contract bids. The CMA also highlights 'no-poach' agreements, where businesses agree not to hire each other's employees, and cover pricing, which involves submitting inflated bids to make others seem more competitive.
Individuals can report suspected cartel activity to the CMA, with the option to remain anonymous. While evidence such as emails or screenshots can be provided, it is not a requirement to submit a report. After reviewing information, the CMA may contact the reporter for more details, decide to take no further action, or proceed with an investigation.