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Legal News

: Current Awareness

Three imprisoned in first OFT criminal prosecution for bid rigging - Office of Fair Trading

By sally

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“Three UK businessmen were today sentenced to imprisonment for between two and a half to three years for cartel offences. All three were also disqualified from acting as company directors for periods of between five and seven years. These are the first ever convictions for a cartel offence since criminal prosecution powers were given to the OFT under the Enterprise Act.”

Full story

Office of Fair Trading, 11th June 2008

Source: www.oft.gov.uk

Full post as published by Current Awareness on June 11, 2008 (boomark / email).

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