Public Procurements

Public procurement refers to the process by which government entities purchase goods, services, or works from businesses. In the context of competition law, the aim is to ensure that these contracts are awarded fairly and transparently, without favoritism or corruption. Competition law protects against practices that could stifle competition, such as bid rigging or collusion among bidders. By promoting a competitive environment, public procurement helps to ensure that taxpayers receive the best value and quality for public spending, while also fostering innovation and efficiency in the marketplace.