The UK High Court criticizes the Office of Fair Trading for violating the principles of equal treatment and fairness in a "fast-track” settlement procedure (Crest Nicholson / OFT)

The Office of Fair Trading (OFT) was found to have violated the principle of equal treatment and procedural fairness in its construction cartel investigation when it disregarded that Crest Nicholson, a former parent company of a construction firm accused of bid rigging, was unable to accept in good faith the OFT's fast track settlement offer as it lacked information concerning the suspected infringements 1. The OFT's construction cartel investigation and the Fast Track Offer The OFT initiated a cartel investigation into the UK construction industry in 2004. The investigation shortly revealed that the industry was plagued by an 'endemic and widespread culture of bid rigging'. The OFT identified illegal practices relating to cover pricing and compensation payments in connection with

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Márton Horányi, The UK High Court criticizes the Office of Fair Trading for violating the principles of equal treatment and fairness in a "fast-track” settlement procedure (Crest Nicholson / OFT), 24 July 2009, e-Competitions Bulletin July 2009, Art. N° 27798

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