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The Obligation to Report Violations of Competition Law

It is widely known in the industry that the FCA has been granted powers to apply competition law in the ‘financial sector’. What is perhaps less widely known is that the FCA is obliged to first consider whether applying competition law would be more appropriate than...

Widening Cartel Liability

Recent cases dealing with ultimate liability for competition abuses has again highlighted the increasing levels of enforcement of competition law. It is therefore essential that directors and all levels of management understand where legal liability can fall....

Individual Criminal Liability for Cartels

The UK government is getting serious about criminal enforcement of cartel activity. A recent simplification to the criminal offence has been designed with the stated intention of ensuring more convictions. The CMA intends to bring “as many new criminal cartel...

Directors Duties and Competition Law

Increasing the effectiveness[1] of competition law is high on the government’s agenda, and the Competition and Markets Authority (CMA) wants to increase enforcement. This places company directors In particular in the crosshairs and gives them a personal and...

Increased Competition Enforcement in 2016/2017

The UK’s main competition regulator, the Competition and Markets Authority (‘CMA’) has called for sector regulators to increase their use of competition law. In April, the CMA published its second annual concurrency report, which summarised the competition law...

Why Worry?

Enhanced Need For Competition Compliance All companies, especially SMEs, urgently need to update their competition compliance policies. The government and courts have recently greatly increased the liability for violating competition laws by: simplifying the criminal...