Chicago Flooring Co. To Shell out $1.2M For Bid-Rigging

Chicago Flooring Co. To Shell out $1.2M For Bid-Rigging

By Matthew Perlman (June 10, 2022, 5:31 PM EDT) — A Chicago-based business flooring contractor is set to shell out a $1.2 million legal wonderful following the company and its previous president pled guilty to federal antitrust prices over an alleged plan to rig bids and deal with charges.

The U.S. Division of Justice mentioned in a assertion Thursday that Professional Carpet Consultants Inc. and its previous president Jerry P. Watson have pled guilty to the expenses in Illinois federal courtroom. Business Carpet marks the fourth firm billed in an ongoing investigation into anticompetitive techniques in the business flooring business, though Watson is the sixth personal to plead guilty to prices stemming from…

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