CPL Interiors Ltd. plead guilty before the Ontario Superior Court for a criminal bid-rigging conspiracy.
According to the Competition Bureau, the scheme victimized condominium corporations in the Greater Toronto Area. Criminal charges were laid last March against CPL Interiors, as well as three other companies and their owners. Court proceedings are ongoing against the remaining accused.
In a news release, CPL Interiors admitted to conspiring with several competing businesses to allocate customers and fix bid prices on 31 refurbishment contracts issued by private condominium corporations between 2009 and 2014. The value of the contracts totaled more than $19 million.
CPL Interiors received leniency in sentencing for its full co-operation throughout the Competition Bureau’s investigation and its agreement to testify in any resulting prosecutions.