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The UK Competition Appeal Tribunal upholds the NCA’s decision imposing fines on check pad suppliers guilty of colluding (Achilles Paper Group/OFT)

On 31 October 2006, the UK's Competition Appeal Tribunal (“CAT” or “Tribunal”) unanimously upheld the Office of Fair Trading's decision (“OFT”) imposing financial penalties on check pad suppliers guilty of horizontal price fixing. This decision was challenged by Achilles Paper Group Limited (“Achilles”) on the grounds that the OFT was unreasonable in its calculation of the fine. Achilles assserted that the OFT drew incorrect conclusions when assessing its financial position and argued that the penalty would make it insolvent. Background On 31 March 2006, the OFT concluded that 4imprint Group PLC, Bemrose Group Limited and Achilles, fixed prices by agreeing prices at which they would sell the pads in the UK, and shared markets by not soliciting each other's customers for the supply of

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  • Brown Brothers Harriman (BBH) (Luxembourg)

Quotation

William Simpson, The UK Competition Appeal Tribunal upholds the NCA’s decision imposing fines on check pad suppliers guilty of colluding (Achilles Paper Group/OFT), 31 October 2006, e-Competitions Bulletin October 2006, Art. N° 12633

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