The Enterprise Act 2002 created a specific criminal offence of cartel behaviour. Such behaviour includes price fixing, market sharing, limiting supply and/or production, and bid rigging (for example, who should win a contract) at the expense of the interests of consumers.
These offences are treated extremely seriously, and can carry the possibility of a lengthy period of imprisonment on conviction, an unlimited fine or both. As a result, it is vital that any directors or other individuals alleged to be participating in cartel behaviour by the Competition and Markets Authority (CMA) or the Serious Fraud Office (SFO), seek legal advice from a specialist lawyer as soon as possible.
Our team of solicitors and barristers at Reeds have experience in dealing with the kind of lengthy investigations that these allegations tend to result in. We understand the importance of providing you with clear, strategic and commercially-focused advice, whether at the outset of an investigation, or in the course of any subsequent prosecution.
For more information about how we can help, contact any member of the Corporate Crime team in confidence. Alternatively click here and provide us with your details. A member of the team will contact you as soon as possible.
If you are facing prosecution by the CMA or SFO then you can instruct one of our leading in-house advocates directly, as Reeds Solicitors are able to offer you the benefit of our own integrated chambers. We have sought to cultivate a highly respected team of experienced barristers and solicitor advocates – all of whom have been carefully selected by us based on performance – not only in terms of their courtroom skills – but also their dedication, judgement and absolute commitment to our client-centred approach. For more information, click here to be directed to our Chambers page.
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