Cartels and illegal price fixing
As the Office of Fair Trading (OFT) increases its focus on suspected cartel activity and illegal price fixing, investigations have increased in frequency and intensity.
For those under investigation the stakes are high. The Enterprise Act 2002 made cartels a criminal offence, punishable with up to five years in prison and unlimited fines. While under civil law, the OFT can impose fines of up to 10 per cent of turnover.
Allegations of cartel behaviour and illegal price fixing often lead to large and complex investigations which can span international borders and multi-jurisdictions.
From helping you manage the initial intervention and assessing the legality of warrants to dealing with leniency applications and supervising interviews, if you are under investigation for alleged cartel behaviour we will vigorously protect your interests to achieve the best possible outcome for your business.
Our competition and anti-trust lawyers can help implement effective compliance procedures to ensure your day to day business transactions and agreements are enforceable and do not breach increasingly complex EU and UK competition and antitrust laws.
Our lawyers have successfully defended clients in some of the UK’s most high-profile investigations including one of the longest and largest cases ever brought by the Serious Fraud Office into alleged price fixing amongst drug manufacturers.
We will identify and realistically assess the risks and then help you deal with those risks to achieve competition compliance in the most timely and cost-effective way possible.
Our experts also offer bespoke training for senior personnel in all areas of competition compliance, corporate governance and dawn raid and document management.
To arrange a discussion with a regulatory solicitor click here or call us on 0800 840 4929.
