Basic Search  |  Summaries  |  Advanced SearchPenalty: £684,000
Year: 2017
Date: 27 March, 2017
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Thomas Armstrong and Hoffman Thornwood paid fines of £684,000 and £625,000 respectively in settlement of a decision by the CMA that the companies entered into a cartel arrangement to share the market and fix the pricing of drawer fronts sold to the furniture industry through bid-rigging and the exchange of confidential commercial information.
Action Type: agency action
Settlement Type: Settlement with the CMA
Agency: Competition and Markets Authority
Source of Data: (click here)