The Irish Court of Appeal increases the fine imposed by the Central Criminal Court in its first bid rigging criminal cartel case (Aston Carpets & Flooring)

SENTENCING IN CRIMINAL BIG RIGGING IN IRELAND: THE COMMERCIAL FLOORING CARTEL* I. Introduction 1 On 20 June 2018 the Court of Appeal (the Court) in Ireland’s first bid rigging criminal cartel case increased the fine imposed by the Central Criminal Court (CCC) on Brendan Smith (Smith) from €7,500 to €45,000. [1] The Court did not, however, vary the CCC fine of €10,000 on Aston Carpets and Flooring Ltd (Aston Carpets) or the six month suspended goal sentence on Smith. The case is not being further appealed. 2 The CCC sentenced Smith and Aston Carpets on 31 May 2018 [2]. Smith and Aston Carpets pleaded guilty to breaching sections 4(1), 6(1), 8(1) and 8(6) of the Competition Act 2002, as amended (the 2002 Act), while Smith also pleaded guilty to obstruction of justice. The fines were for

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Auteur

  • Economic & Social Research Institute

Citation

Paul Gorecki, The Irish Court of Appeal increases the fine imposed by the Central Criminal Court in its first bid rigging criminal cartel case (Aston Carpets & Flooring), 20 juin 2018, Bulletin e-Competitions June 2018, Art. N° 92267

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