A little bit added to what you already have, is a little bit more, as Bertie Wooster’s Uncle Tom observed. The same philosophy currently seems to be driving UK competition policy.
In March last year, the Competition Act 1998 came into force. The introduction of financial penalties amounting to up to 10% of UK turnover for up to three years, or approximately 30% of one year’s turnover, was heralded as a significant deterrent to cartels and abuses of dominance.
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