Competition Law

Firms involved in anti-competitive behaviour may find their agreements to be unenforceable and risk being fined up to 10% of group global turnover for particularly damaging behaviour as well as exposing themselves to possible damages actions from customers. Furthermore, individuals could also find themselves facing director disqualification orders or even criminal sanctions for serious breaches of competition law.

It can affects any business (whatever it’s legal status, size and sector). UK and EU competition law prohibit two main types of anti-competitive activity: anti-competitive agreements (under the Chapter I and Article 101 prohibitions); and abuse of dominant market position (under the Chapter II / Article 102 prohibitions). We can help clients and businesses in relation to this.

 

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