On January 30, 2007, the Irish businessman Denis Manning pleaded guilty to the charge of helping members of the Irish Ford Dealers Association (‘IFDA’) establish a cartel fixing the price of cars and other motor vehicles. Mr. Manning is the first person to be prosecuted following the Irish Competition Authority’s extensive investigation into the motor trade. He was fined €30,000 and sentenced to 1 year’s imprisonment on February 9, 2007 but the prison sentence was suspended due to his guilty plea and his age (he is 68 years old). This is the second successful criminal prosecution in Ireland for a competition offence.
- How-to guide How-to guide: How to assess competition law risks in an agency agreement (UK)
- How-to guide How-to guide: Understanding antitrust and unfair trade practices law and your organization’s compliance obligations (USA)
- How-to guide How-to guide: How to draft an antitrust–unfair trade practices compliance program (USA)