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CAT: Judgment in Durkan Holdings, Durkan Limited, Concentra (formerly known as Durkan Pudelek) v OFT

( March 22, 2011, 12:19 GMT | Official Statement) -- MLex Summary: The Competition Appeal Tribunal has decided to reduce the fines imposed on Durken Holdings by the Office of Fair Trading (OFT) for big rigging in the construction industry from 6.7 million pounds to 2.4 million pounds. The tribunal ruled that Durken Holdings exercised decisive influence over its subsidiary but found that the OFT failed to prove the practice of cover pricing and erred in calculating the level of fines. ...

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