UK Bill Outlines Plan To Ease Prosecution Of Cartel Cases

Law360, New York (May 23, 2012, 7:43 PM EDT) -- The British government stuck to its plan to eliminate a rule that has made it difficult to prosecute criminal cartel cases as it introduced long-awaited competition reform legislation Wednesday, offering new details about how individuals can avoid criminal liability while also raising more questions about the controversial proposal.

Two months after unveiling the antitrust overhaul plan, the Department for Business Innovation & Skills sent a bill to Parliament that largely hews to its original proposals to merge the country's two competition authorities, gives the U.K.'s competition...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.