SMEs encouraged to blow whistle on cartels_3
18 July 2012
The Office of Fair Trading (OFT) is encouraging small and medium sized enterprises (SMEs) to “blow the whistle” if they believe their clients are operating cartels.
A telephone hotline has been set up as part of a campaign to educate the sector about price fixing. “Cartels can put SMEs out of business, but too many simply put up with them,” said a spokesperson for the OFT.
Dick Jennings, partner at law firm Ford and Warren and a member of CIPS legal committee, welcomed the OFT’s initiative but said it was often difficult...