The Office of Fair Trading has published a report – titled Can ‘Fair’ Prices Be Unfair? – which explores the competition implications arising from price relationship agreements such as ‘price match’ or ‘lowest price’ guarantees.
Posts tagged ‘United Kingdom’
The UK OFT has published new guidance on how it will set penalties for breaches of competition law. The OFT carried out a wide-ranging public consultation for the new guidance, involving lawyers, businesses and other interested parties, and drawing on international experience. The new guidance sees the maximum starting point for penalty calculations increase to [...]
The UK Government has announced a single Competition and Markets Authority (CMA) to simplify and strengthen the competition regime, following a long public consultation process.
The Competition and Markets Authority (CMA) expected to be in place by April 2004 will bring the two existing UK competition authorities – the Competition Commission and competition functions of the [...]
The OFT published a report today on competition compliance and deterrence resulting from the UK competition regime. The study was conducted by London Economics and included a survey of more than 500 large companies and 300 SMEs, as well as a small survey of specialist competition advisers in law firms.
The research shows that sanctions and [...]
The UK OFT is consulting on two revised guidance documents, setting out proposals to update its approach to financial penalties and to awarding leniency in competition cases. Final versions of both guidance documents will be produced in Spring 2012.
‘Understanding competition law‘ is a short film which includes acted out footage of a dawn raid as well as interviews with competition law specialists explaining what competition law is, why it is important, and how businesses can implement the OFT’s suggested four-step process for competition law compliance. This film is viewable in separate chapters. [...]
OFT Chief Executive (and ICN Steering Group Chair) recently spoke about the future of the competition regime in the UK.
OFT Chief Executive (and ICN Steering Group Chair) John Fingleton recently spoke about the future of the competition regime in the UK.
OFT Chief Executive (and ICN Steering Group Chair) John Fingleton recently spoke about UK Competition Policy: the first decade.
John Fingleton, Chief Executive, Office of Fair Trading, gave a speech entitled ‘The importance of a competition agency providing guidance: the UK experience‘ at a recent Comisión Federal de Competencia event in Mexico.