By Emma Ward 2021-01-14T05:00:00+00:00
If you’ve accidentally fallen foul of anti-competition law, come clean to avoid or minimise the fines
With the Competition and Markets Authority (CMA) having recently handed down fines totalling more than £9m on two of the UK’s largest suppliers of rolled lead for breaking competition law, it is vital businesses that have been involved in anti-competitive practices come clean if they want to minimise the inevitable fines they will face.
After handing down the £1.5m and £8m penalties to Associated Leads Mills Ltd and H.J Enthoven Ltd (trading as BLM British Lead) respectively, the CMA’s executive director of enforcement, Michael Grenfell, said the construction industry was firmly under its spotlight.