Three imprisoned in first OFT criminal prosecution for bid rigging – Office of Fair Trading

Posted June 11th, 2008 in news, price fixing, sentencing by sally

“Three UK businessmen were today sentenced to imprisonment for between two and a half to three years for cartel offences. All three were also disqualified from acting as company directors for periods of between five and seven years. These are the first ever convictions for a cartel offence since criminal prosecution powers were given to the OFT under the Enterprise Act.”

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Office of Fair Trading, 11th June 2008