CAT demolishes OFT’s fines against construction companies
The Competition Appeal Tribunal (CAT) has ordered the OFT to reduce fines imposed against six construction companies found to have breached price-fixing rules. In September 2009 103 construction companies were found to have participated in the price-fixing scam, with the OFT issuing penalties totalling £129.5m against them. The OFT found that between 2000 and 2006 the […]