Cartels and Leniency
Dec 6, 2006
Author: Nick Morrison
This month the Office of Fair Trading is consulting on how to ensure more are brought to justice. One way is through “leniency” – letting off those who report these matters even if they were involved.
Nick Morrison says:
“The OFT has issued for consultation, final guidance on how it will give lenient treatment to companies and individuals who confess to cartel conduct. The OFT believes that it is sometimes in the public interest to offer lenient treatment to companies and individuals whose cartel conduct exposes them to these sanctions. In return for confessing to cartel involvement and helping the OFT to break cartels and punish other participants, the OFT can offer companies immunity from, or a reduction of, civil fines and to individuals it can offer 'no-action' i.e. immunity from criminal sanction.
If you want any advice on competition law call Nick on 01494 521301.