U.K. Will Offer Up To £100,000 To Whistleblowers

Law360, New York (February 29, 2008, 12:00 AM EST) -- In an effort to increase its cartel enforcement, the United Kingdom's Office of Fair Trade announced it will begin offering rewards for whistleblowers of up to £100,000 ($198,530) during an 18-month trial period, after which it will decide whether to continue the policy.

“Cartels are very damaging both to businesses and consumers and they are usually conducted in secret, making them hard to detect,” said Simon Williams, OFT senior director of cartels and criminal enforcement. “We believe that it is in the public interest to offer...
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