CMA launches advertising campaign to crack down on cartels
On 20 March 2017, the CMA announced that it has launched an advertising campaign to crack down on cartels.
On 20 March 2017, the Competition and Markets Authority (CMA) announced that it has launched an advertising campaign to crack down on cartel activity. The campaign is designed to encourage people who have witnessed illegal activity to report it, by offering a reward of up to £100,000, as well as promising them anonymity.
The awareness campaign explains what a cartel is, including real-life examples, and warns of the penalties that can be imposed for engaging in unlawful cartel activity. A telephone and email hotline has been set up to allow for the reporting of cartels. The CMA explains that its research ( www.practicallaw.com/9-620-3092) , published in 2015, which found that SMEs have a low level of knowledge and understanding of competition law has prompted the creation of this advertising campaign. Advertisements will appear in social media feeds, such as Twitter and LinkedIn, as well as on key websites.
Practical Law Competition's Practice Note, Cartels: UK law and practice ( www.practicallaw.com/2-107-4522) examines how cartels and their participants are treated under the provisions of the Competition Act 1998 and the Enterprise Act 2002. It reviews the investigation procedure of the CMA and its policy for imposing fines and granting leniency and looks at practical issues that may arise.