controlling the quantity of goods or services to be sup- plied in a given market company in particular wins the contract for the Director of Public Prosecutions (DPP) recommending criminal prosecution. The DPP prosecutes serious criminal cases on indictment and has done so in numerous cartel cases to date. serious form of anti-competitive conduct and is often referred to as hardcore. The Government recently acknowledged this fact by increasing fines and prison sentences for those found guilty of such offences. The fines and prison sentences for serious infringements of the law are as follows: business turnover, whichever is greater, if convicted on indictment. to 5 million or 10% of their individual turnover, whichever is greater. An individual can also be imprisoned for up to 10 years. criminal offence under competition law will be automatically disqualified from acting as a director in any company in the State for five years from the date of conviction. business to ensure that the business complies with competition law but it is not only directors and managers who can be prosecuted. Employees who are involved in cartel activities can also face prosecution. It is also important to note that individual directors, managers and employees can be prosecuted for competition law offences even if the company for which they worked when committing the offence was not prosecuted. found guilty of a criminal offence. In Ireland, there have been convictions for aiding and abetting cartels where individuals did not work for the firms engaged in price-fixing but took on a co-ordinating or facilitating role in the cartel. a Cartel Immunity Programme which enables the Authority to make a recommendation to the DPP to grant immunity from prosecution for the first member of a cartel to come forward, confess involvement in the illegal activity and provide us with information about it. Any business or individual who wants to seek immunity can call 087 7631378. |