The CMA secures the first director disqualification for breach of competition law

United Kingdom
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On 1 December 2016 the UK Competition and Markets Authority (CMA) announced that it had secured the disqualification of an individual from acting as a director of any UK company for a period of five years.  This is the first time the CMA has exercised its powers to disqualify a director for breach of competition law (which it has had since 2003).  In this article published in the latest issue of the Utilities Law Review, CMS London sets out the powers available to the CMA to apply for a director disqualification and the circumstances in which it is likely to do so, and looks in detail at the investigation in which the CMA obtained this disqualification.