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Violation Tracker UK Individual Case

Company: Copart, Inc. and CPRT LLP and Copart UK Ltd.
Current Parent Company: Copart Inc.
Parent at the Time of the Penalty Announcement: Copart Inc.
Penalty: £2,500,000
Year: 2023
Date: 14 December, 2023
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: The Competition and Markets Authority imposed a penalty on Copart, Inc., CPRT LLP, Copart UK Limited jointly and severally under section 94A of the Enterprise Act 2002 because it considered that Copart failed to Comply with the requirements imposed on it by the initial enforcement order issued by the CMA over its completed acquisition of Hills Motors, requiring it to operate the acquired company as a separate business and not enter into any joint agreements while merger investigations were ongoing.
Agency: Competition and Markets Authority
HQ Country of Parent: United States
Ownership Structure of Parent: publicly traded
Major Industry of Parent: information services
Specific Industry of Parent: online automobile auctions
Source of Data: (click here)