On 15 September 2017, the UK Competition and Markets Authority ("CMA") announced that Barry Cooper, the CEO of Stanton Bonna Concrete, had been sentenced to two years' imprisonment suspended for two years, a 6pm-6am curfew for six months and disqualification as a director for seven years, for participating in a price fixing and market sharing cartel in the supply of precast concrete drainage products.
Competition Newsletter
All articles in the September 2017 Competition newsletter can be found below:
EU
- ECJ confirms when a move from sole control to joint control constitutes a concentration
- ECJ refers €1.06 billion Intel case back to the General Court
- European Commission approves German rescue aid for Air Berlin as rivals prepare for its collapse
- European Commission publishes a summary of responses to proposed EUMR reforms
- What excessive pricing looks like - ECJ clarifies the legal test
UK
- CMA shows its market investigation enforcement teeth
- Curfew, suspended sentence and director disqualification for UK construction cartelist
- Scooter supplier learns that ignoring CMA warning letters can be hazardous to your immunity
Italy
Keep up to date
Sign up to receive the latest legal developments, insights and news from Ashurst. By signing up, you agree to receive commercial messages from us. You may unsubscribe at any time.
Sign upThe information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
Readers should take legal advice before applying it to specific issues or transactions.