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Competition

In the UK as in other developed economies, the establishment and enforcement of an effective regime to regulate and penalise anti-competitive practices is key to ensuring a level business playing field and the creation of a marketplace in which fair competition reigns for the ultimate benefit of consumers and business users.

Compliance with this regime is vital. The sanctions for breach of our anti-competition laws are damaging and designed to be so, ranging from fines of up to 10% of annual worldwide turnover, to imprisonment for individuals involved in anti-competitive behaviour. In addition the reputational damage that an organisation can suffer, or the disruption to operations, expense and sheer stress of dealing with regulatory investigations have the potential to cause significant harm to its future well-being and can even jeopardise its very existence.

Fortunately we have the expertise to help you ensure that you stay on the right side of the law. You can rely on our knowledge and support in the following areas:

  • Advice on keeping your contractual arrangements compliant with the domestic and EU anti-competition regimes
  • Compliance audits
  • Handling dawn raids
  • Advice on whether your competitors, suppliers and customers are compliant with competition law
  • Competition issues arising in relation to takeovers

For further information please contact:

Ian Thomson
E-Mail ian.thomson@spearingwaite.com
Direct Dial 0116 242 1209
Mobile 0770 287 1806
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Kate Blank
E-Mail kate.blank@spearingwaite.com
Direct Dial 0116 242 1248
Mobile 07515 050 361
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