CAT Upholds Fine for Unlawful Information Exchange at Single Meeting

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Case sends “a strong signal to companies about...critical compliance obligations” according to the CMA’s Executive Director of Enforcement.

Key Points:

- The case marks the first time in the UK that a fine was imposed and upheld for unlawfully exchanging information at a single meeting.

- The judgment offers practical guidance on how to avoid participating in an unlawful information exchange.

Please see full Alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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