GovWire

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All businesses, whatever their size, must understand how theyre affected by competition law.

You must follow the rules on all types of anti-competitive activity including:

• price fixing, bid rigging and other ways of agreeing not to compete (sometimes called cartels)
• abuse of a dominant market position

You should manage the risk of breaking the law, for example by having clear policies, guidelines and training for your staff.

You can report anti-competitive activity if you think another business is breaking the law, or if you might have been involved yourself.

If youre involved in anti-competitive activity

Your business can be fined up to 10% of its worldwide turnover and sued for damages.

You can be fined or sent to prison for up to 5 years if youre found guilty of being involved in cartel activity.

Company directors can be disqualified from being a director for up to 15 years.