Tai Po fire: tendering system can’t stop firms manipulating market, inquiry hears
An official tendering system designed to curb anti-competitive conduct is powerless to combat engineering firms colluding to manipulate Hong Kong’s lucrative building maintenance market, a public inquiry into the city’s deadliest fire in decades has heard. Testifying on the 21st day of an independent committee’s hearing, three Urban Renewal Authority (URA) officials said on Thursday…