The UK’s Competition and Markets Authority is welcoming a reported boost in the number of cartel whistleblowers approaching regulators with evidence of anticompetitive conduct, say reports.
According to the data, 22 entities contacted the CMA in 2013 with evidence of cartel conduct, compared with 13 in 2012 and 14 in 2011, say reports. The jump suggests the CMA’s leniency program, which offers leniency for companies that partake in a cartel but are first to approach authorities with evidence of the collusion, is working.
Experts also noted that the CMA could more easily crack down on cartels and prosecute their members since legislation changed to remove the need to prove that cartel members were acting dishonestly.
Full content: The Telegraph
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI