The Antitrust Division of the Department of Justice recently announced that Belgian security firm G4S Secure Solutions NV agreed to plead guilty to conspiracy to allocate customers, rig bids, and fix prices for defense-related security services contracts in violation of Section 1 of the Sherman Act. G4S also agreed to pay a $15 million criminal fine as a penalty for receiving payments from the Department of Defense during the course of the conspiracy. The parties to the plea agreement are awaiting the court’s approval. Since April 2020, G4S has cooperated with the United States in the ongoing investigation into bid-rigging DOD security services contracts. On June 30, DOJ announced that a federal grand jury returned an indictment against Seris Security NV, a Belgium-based security firm, and three executives.
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