The UK Competition Authority disqualifies three former directors of companies involved in a bid rigging cartel in the design, construction and fit-out services market (Robb Simms-Davies / Trevor Hall / Oliver James Hammond)
On 10th May 2019 the CMA secured the disqualification of three former directors of companies involved in a bid rigging cartel in the design, construction and fit-out services sector. The three directors have given legally binding disqualification undertakings under which they will be banned from acting as directors or being involved in the management of any UK company for periods ranging between two and five years. This is the third case in the last two months in which the CMA has secured director disqualifications, and sends a clear message that the CMA will be making greater use of these powers in the future.
The CMA recognises the importance of individual liability as a powerful deterrent. Under the current competition regime only the companies involved in infringements are liable for
L'accès à cet article est réservé aux abonnés
Déjà abonné ? Identifiez-vous