Latest news and views tagged leniency
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The Office of Fair Trading, the UK’s competition law regulator, is consulting on proposals to revise its guidance as to the penalties for breaching the Competition Act 1998. Currently, organisations...
Chiquita plays competition law regime leniency card successfully again as European Commission goes bananas over PIG price fixing
The European Commission has fined Pacific Fruit nearly €9 million for co-ordinating prices with rival banana importer, Chiquita, over a nine month period in respect of imports into Portugal, Italy and...
Directors watch out: OFT vows to get tough with directors who should have known their companies were breaking competition laws
The Office of Fair Trading has vowed to get tough with directors who should have know that their companies were breaking competition laws. The OFT wants to use powers under the Company Directors Disqualification...