The UK Competition Authority disqualifies two company directors for their roles in price-fixing cartel (Abbott / Frost)

The UK Competition and Markets Authority (the 'CMA') has secured the disqualification of two directors following an investigation into a cartel agreement by six estate agencies in the Burnham-on-Sea area to fix the minimum level of commission fees for the provision of traditional residential estate agency services. This is the second time the CMA has secured disqualification undertakings from directors in connection with a company’s breach of competition law. The first case was in December 2016 in relation to a cartel in the online sales of posters and frames by two competing online sellers on Amazon’s UK website. The infringement and companies' liability On 31 May 2017, the CMA found that six estate

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  • Gowling WLG (London)

Quotation

Oyebola Ajayi, The UK Competition Authority disqualifies two company directors for their roles in price-fixing cartel (Abbott / Frost), 10 April 2018, e-Competitions April 2018, Art. N° 87059

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