Cartel conduct is criminalised by the Competition Act 2004.
The offence
It is an offence under section 10 of the Competition Act 2004 form agreements between undertakings, decisions by associations of undertakings and concerted practices that have as their object or effect the prevention, restriction or distortion of competition.
Sanctions
Individuals
An unlimited fine and maximum three years’ imprisonment (six years in severely aggravating circumstances).
Corporations
An unlimited fine.