[COMC 87C] Collective bidding at auction87C 

87C

(1) A person who is a wholesaler, retailer or contractor must not enter into—

• (a)an agreement or arrangement with another person who is a wholesaler, retailer or contractor as to the price or prices which either of them will bid at any auction sale of goods or services; or
• (b)an agreement or arrangement under which a party to the agreement or arrangement agrees to abstain from bidding at an auction sale of goods or services.

(2) A person who contravenes this section shall be guilty of an offence.