3 company directors to be disqualified over construction cartel
The CMA has secured the disqualification of 3 company directors, after finding they broke competition law by forming a cartel in the construction industry.
From: Image credit: Tom Reville
This move follows an investigation by the Competition and Markets Authority (CMA) into 2 of the UK’s largest suppliers of rolled lead, Associated Lead Mills Ltd (ALM) and H.J. Enthoven Ltd (trading as BLM British Lead), which are based in Hertfordshire. Rolled lead is used mainly for roofing and is an important product for the construction sector.
The companies, which together account for a sizeable proportion of UK rolled lead supplies, admitted last year to forming an illegal cartel. This included breaking the law 4 times by colluding on prices, sharing the rolled lead market by arranging not to target certain customers, and arranging not to supply a new business because it risked disrupting the firms’ existing
A company director who colluded with a rival rolled-lead firm and tried to hide it by using a dedicated mobile phone has been disqualified. He is one of
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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.