Failure to comply with the competition rules can have serious implications for your business, including:
- A fine of up to 10% of annual worldwide turnover
- Investigation by the national or European competition authorities
- Criminal prosecution
- Directors’ disqualification
- Third party damages claims
- Unenforceable contracts
- Adverse publicity and wasted management costs
How we help clients with their competition issues
We advise our clients on the types of conduct likely to be caught by the competition regime. Some types of behaviour, for example price fixing, are never permissible. Others may be allowed where the market share of the relevant party does not exceed a certain threshold, or there is an objective justification.
Helping identify concerns at an early stage
Where clients have a significant share of a particular market, we help them identify competition concerns at an early stage, and to find pragmatic solutions. We can also provide training and workshops on the fundamental principles of competition law.
Getting in touch
To find out more about our Competition Rules service, please call John Spratt on 01295 204115 or email firstname.lastname@example.org