The ASA Council (Non-broadcast) has recently held a retailer in breach of the CAP Code for having insufficient stock to meet anticipated demand.  It found that internet retailer, Simply Be, has breached the CAP Code clauses 3.1 (Substantiation), 7.1 (Truthfulness), 16.4 (Availability of products), 27.4 (Sales promotion rules) and 30.1 (Availability), by an email it [...]

Posted: August 23rd, 2010 under Business Advisory Services, Business Regulation, Competition Law & Regulatory, Contract, Corporate Defence & Prosecution, Dispute Management, Miscellaneous.
Comments: none

On the 21st September 2009, the European Commission issued a press release publicising the ECJ decision in the long running AKZO Nobel case.
Background
The press release states “.. On 9 December 2004, the Commission fined Akzo Nobel NV and four of its subsidiaries jointly and severally €20.99 million for price fixing, market sharing and agreeing [...]

Posted: September 24th, 2009 under Competition Law & Regulatory.
Comments: none

The European Commission has fined several businesses operating across the EU for cartel activities in fixing the price of paraffin waxes. The cartel was active from 1992 until 2005 when surprise raids by the competition authorities in April 2005 effectively brought the cartel to an end. Those involved included ExxonMobil, Repsol, Shell and Total.  Shell [...]

Posted: October 13th, 2008 under Competition Law & Regulatory.
Comments: none

The OFT announced late last week that it has charged five individuals with offences under the Enterprise Act 2002 in relation to price fixing in the UK market for passeger transport services provided by British Airways and Virgin.
Readers will recall that this story first hit the headlines some time ago and that there have been [...]

Posted: August 11th, 2008 under Competition Law & Regulatory.
Comments: none

Last month three UK businessmen were sentenced to imprisonment as part of the first ever criminal cartel convictions.
The Enterprise Act 2002 introduced the first cartel offence five years ago under UK law. A person may be found guilty of the cartel offence if they dishonestly agree with one or more persons to engage in a [...]

Posted: July 10th, 2008 under Competition Law & Regulatory.
Comments: none