https://www.taxtmi.com/caselaws?id=436030 A competition law discussion on penalties for participation in an anti-competitive supply arrangement states that liability may remain established even where the party is a very small market player with limited bargaining power and financial losses. The penalty assessment should still be proportionate, taking account of deterrence, the nature of the conduct, the party's market position, and mitigating circumstances, so that the sanction does not become unduly punitive or destructive of the business. On that basis, the company's monetary penalty was reduced, while the penalties on directors, officers, and employees were maintained as commensurate with their role. en-us Fri, 31 Mar 2023 00:00:00 +0530 Mon, 03 Apr 2023 08:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436030 A competition law discussion on penalties for participation in an anti-competitive supply arrangement states that liability may remain established even where the party is a very small market player with limited bargaining power and financial losses. The penalty assessment should still be proportionate, taking account of deterrence, the nature of the conduct, the party's market position, and mitigating circumstances, so that the sanction does not become unduly punitive or destructive of the business. On that basis, the company's monetary penalty was reduced, while the penalties on directors, officers, and employees were maintained as commensurate with their role. Case-Laws Law of Competition Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436030