The UK Competition Authority publishes guidance to help company directors understand their responsibilities under competition law

On 27 June 2011, the OFT published guidance on how it will assess the extent of an individual director’s responsibility for infringements of competition law. Where a company has breached competition law, the OFT can apply to court seeking a competition disqualification order (“CDO”) against an individual director which may be granted if the court considers that the person’s conduct as a director makes him or her unfit to be concerned in the management of a company. The maximum period of disqualification is 15 years. As well as seeking CDOs against directors directly involved in breaches of competition law, the OFT has previously stated that it will pursue directors who had reasonable grounds to suspect a breach but took no steps to prevent it, and even directors who, though unaware of

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteurs

  • Monckton Chambers (London)
  • Linklaters (London)
  • UK Competition Appeal Tribunal (London)
  • Linklaters (London)

Citation

Christopher Bellamy QC, Nicole Kar, Michael Cutting, Eamonn Doran, The UK Competition Authority publishes guidance to help company directors understand their responsibilities under competition law, 27 juin 2011, e-Competitions June 2011, Art. N° 40992

Visites 122

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues