The UK Competition Appeal Tribunal dismisses the appeal of a Northern Irish producer against its £25.4 million fine for participating in a cartel concerning the supply of concrete drainage products (FPM)

In October 2019, the Competition and Markets Authority ("CMA") imposed fines totalling £36 million on three Northern Irish concrete producers, including FP McCann ("FPM"), for participating in a cartel in relation to the supply of concrete drainage products between July 2006 and March 2013 (see our summary). On 22 December 2020, the Competition Appeal Tribunal ("CAT") gave judgment dismissing FPM's appeal against its £25.4 million fine. WHAT YOU NEED TO KNOW - KEY TAKEWAYS The CMA has considerable discretion over the way it manages antitrust investigations, and is not required to run

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  • Ashurst (London)
  • Ashurst (London)

Quotation

Steven Vaz, Laura Carter, The UK Competition Appeal Tribunal dismisses the appeal of a Northern Irish producer against its £25.4 million fine for participating in a cartel concerning the supply of concrete drainage products (FPM), 22 December 2020, e-Competitions December 2020, Art. N° 99150

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