‘Deterring would-be conspirators’: NSW to use AI to uncover companies colluding on prices

‘Deterring would-be conspirators’: NSW to use AI to uncover companies colluding on prices

The government will seek to share tender data and information with the ACCC to identify suspicious patterns that may indicate collusion between companies bidding for tenders.

NSW to use AI to hunt procurement cartels

The New South Wales government has announced a bold new strategy: handing over vast amounts of procurement data to the Australian Competition and Consumer Commission (ACCC) to deploy artificial intelligence tools designed to root out cartel behaviour in government contracts. The move, revealed by Treasurer Daniel Mookhey, is part of a broader reform pushing for greater integrity in public procurement. Every year, the NSW government spends around…