The UK Competition Authority secures five directors disqualifications across two investigations (Campbell / Hudson / Sherling)

On 10 March 2021 and 18 March 2021 respectively, the UK’s Competition and Markets Authority (“CMA”) announced that it had secured the disqualification of five company directors, after finding that they had infringed competition law by forming cartels in the construction industry, following two separate CMA investigations into – respectively – roofing materials and pre-cast concrete drainage products. Notably, two of the disqualifications were for 12 years and 11 years respectively, representing the two longest director disqualification periods secured by the CMA to date. While the CMA has possessed director disqualification powers since 2003, historically such powers were rarely exercised. However, in recent years there has been a dramatic increase in the number, frequency and length of

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Marc Freedman, The UK Competition Authority secures five directors disqualifications across two investigations (Campbell / Hudson / Sherling), 10 March 2021, e-Competitions April 2021 - II, Art. N° 100247

Visites 188

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues