UK Antitrust Watchdog Brings Criminal Case Over Cartel

Law360, New York (January 27, 2014, 5:00 PM EST) -- U.K. antitrust authorities said Monday they had charged a managing director at Franklin Hodge Industries Ltd. with a cartel violation as part of a broader investigation into the price-fixing of water storage tanks, in the first criminal case for the agency in four years.

Prosecutors charged Peter Nigel Snee on Jan. 13 for his role in an alleged plot to fix prices, rig bids and divvy up customers for the sale of galvanized steel tanks used for water storage in the U.K., the Office of Fair...
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