On 25 January 2011, the Office of Fair Trading (OFT) issued a press release seeking information relating to its investigation into the suspected price-fixing between UK truck manufacturers. Parallel criminal and civil investigations into the alleged cartel activity were launched in September 2010. The OFT requests any person with information contact a dedicated ‘cartel hotline’ and is offering an award of up to £100,000 under its informant rewards programme. The UK is one of the few competition authorities in the world which has adopted an information reward system of this type. The OFT also refers to its leniency policy, under which individual informants who have been directly involved in the cartel may be granted immunity from civil and criminal sanctions.
For information about the OFT’s information reward programme click here