Blaser Mills
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Disqualification of Directors

OFT looks to further deter anti-competitive behaviour

The OFT has published proposed changes to its guidance on director disqualification orders in competition cases. A company director can be disqualified for up to 15 years if his/her company is involved in a breach of competition law. Currently the OFT’s guidance suggests that disqualification is considered only if the individual is directly involved in a breach of the law. But, under the changes, directors may also risk disqualification if they should have known their companies were breaking the law.

According to Ali Nikpay, OFT Senior Director of Policy, “the prospect of being disqualified as a director is one of the most powerful deterrents to anti-competitive behaviour.”

The consultation closes on 20th November. For further details and to download the consultation document, visit www.oft.gov.uk.