media centre

How many times have you wished you'd had the benefit of foresight or hindsight when making business decisions? Speak to one of our experts today.

Online Trader Price Fixing Leads to £160,000 Fine

A company which deals in sports and entertainment products such as posters and stickers has pleaded guilty to breaching competition law by creating a cartel through collusion on pricing to ensure that it did not undercut the prices offered by an online reseller on the Amazon website. Amazon was not a party to the illegal cartel activity.

What is unusual about the case is that the two companies involved achieved their ends through the use of computer software which automated repricing decisions.

The supplier was fined more than £160,000 following an investigation by the Competition and Markets Authority (CMA). The fine levied was reduced by 20 per cent to reflect the company's cooperation with the CMA investigation.


How can we help?

Please fill in this form and we'll get back to you as soon as possible.

Please enter your name
Please enter your phone number
Please enter your email address
Please let us know how you heard about us
Please enter your enquiry
One more thing... Please enter the verification code
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.