The UK CAT holds its decision in the construction cover pricing appeal case (Kier Group)

I. Introduction The UK’s Competition Appeal Tribunal (CAT) gave judgment on 11 March 2011 in the first set of appeals by construction firms against fines totalling £129m imposed by the Office of Fair Trading (OFT) in 2009 following a lengthy investigation into cover pricing in tenders for construction contracts. The CAT’s judgment criticises the system by which the OFT calculated the fines. The CAT reduced the total amount of fines on the six parties in this appeal by 90%. This was the first in a series of appeals against the OFT’s infringement decision. 19 more parties are still awaiting judgments in their appeals on both liability and quantum of fines. II. Background In 2004, the OFT received a complaint that a tender for construction work on a hospital in Nottingham in the UK had

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  • Shoosmiths (Thames Valley)

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Simon Barnes, The UK CAT holds its decision in the construction cover pricing appeal case (Kier Group), 11 March 2011, e-Competitions March 2011, Art. N° 35158

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