The UK Office of Fair Trading consults on update penalty and leniency guidance

United Kingdom: Office of Fair Trading (OFT) consults on update Penalty and Leniency Guidance* On 26 October 2011, the OFT published two revised guidance documents, setting out proposals to update its approach to financial penalties and to awarding leniency in competition cases. The OFT will now consult on the new guidance until 26 January 2012. In its draft penalty guidance, the OFT proposes a number of changes to the way it sets penalties in competition cases. These are designed to ensure that the OFT sets fines that are sufficient to deter companies from engaging in

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European Competition Network Brief, The UK Office of Fair Trading consults on update penalty and leniency guidance, 26 October 2011, e-Competitions Bulletin Leniency, Art. N° 44493

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