FP McCann’s cartel fine inflated due to unreasonable CMA probe delays, UK judge told

By Simon Zekaria ( October 8, 2020, 16:25 GMT | Insight) -- FP McCann’s fine for cartel activity in concrete drainage products was wrongly inflated by millions of pounds because the UK competition regulator didn’t run parallel civil and criminal enforcement probes, the UK supplier told a London court today. The company, fined more than 25 million pounds last year, is challenging the severity of the sanction at the UK's specialized competition court, in a case that puts the Competition and Markets Authority's case-handling and antitrust fining methods under the microscope.FP McCann’s fine for cartel activity in concrete drainage products was wrongly inflated by millions of pounds because the UK competition regulator didn’t run parallel civil and criminal enforcement probes, the UK supplier told a London court today....

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FP McCann’s cartel fine inflated due to unreasonable CMA probe delays, UK judge told

Prepare for tomorrow’s regulatory change, today

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