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The UK CMA is testing an AI tool to help catch companies that collude when bidding for public contracts, amid a “significant risk of bid-rigging” by contractors

Agency is trialling an AI-backed programme that scrapes data to identify bid-rigging Bluesky: @markcstanley . X: @procure4health Bluesky: Mark Stanley / @markcstanley : Hopefully they will continue to fine companies found to have participated.  I guess the next question is how do companies who are bidding leverage AI to submit bids that avoid the appearance of a rigged bid! X: Rob Knott / @procure4health : Competition and Markets Authority is trialling a new artificial intelligence-backed tool it believes may help catch companies that collude when bidding for public contracts. “....real potential to drive billions of savings.” @HCSAprocurement https://www.ft.com/...

Financial Times