UK Watchdog Floats Changes To Antitrust Fines, Leniency

Law360, New York (October 26, 2011, 3:23 PM EDT) -- The U.K.’s Office of Fair Trading released proposals Wednesday designed to update the antitrust regulator’s approach to levying fines and granting leniency to firms in competition cases, and suggesting it would like to raise the starting point for calculating penalties.

The recommendations aim to ensure that the watchdog imposes fines that actually deter companies from engaging in anti-competitive activity but are also “fair and proportionate,” and that the agency is adequately describing its leniency process, the OFT said.

“The OFT guidance on leniency and penalties are...
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