Cartel buster fines two rolled lead suppliers £9m

Aaron Morby 1 year ago
Share

Two of the UK’s largest suppliers of rolled lead to the roofing industry have been fined £9m for price and market rigging.

Cartel in supplies of rolled lead roofing smashed
Cartel in supplies of rolled lead roofing smashed

The Competition and Markets Authority handed down an £8m fine to H.J. Enthoven – trading as BLM British Lead – and a £1.5m fine to fellow Hertfordshire supplier Associated Lead Mills (ALM).

Both firms admitted their roles in the illegal cartel earlier this year, reducing their potential fines.

Previously, investigators at the Government’s cartel watchdog, provisionally found that a third supplier, Calder Industrial Materials, had become involved at a later stage in one of the arrangements.

But the investigators have now determined that there are no grounds for action and have closed the case.

Four anticompetitive arrangements took place between October 2015 and April 2017.

These included colluding on prices, carving up the rolled lead market by arranging not to target certain customers, and arranging not to supply a new business because it risked disrupting the firms’ existing customer relationships.

Each of the arrangements saw commercially sensitive information exchanged.

Michael Grenfell, executive director of Enforcement at the CMA, said: “These companies knowingly entered into illegal arrangements restricting competition between them.

“Such anti-competitive arrangements tend to inflate prices and cheat customers out of a fair deal. The CMA does not tolerate such behaviour.

“Construction is a sector firmly under our spotlight and if businesses break the law by entering into anti-competitive arrangements, they run the risk of large fines.”

Latest news

Government plan to ban poorly performing firms advances

Firms with a track record of poor delivery, fraud or corruption will be blocked from winning public contracts
5 hours ago

Construction output shows fastest rise in four months

Commercial sector leads the way as buyers report strong industry rebound in November
8 hours ago

Energy prices to drive second wave of materials cost hikes

Arcadis predicts further brick, glass, cement and concrete price hikes in 2022
12 hours ago

Go-ahead for £180m Milton Keynes tower scheme

Work set to start next year on central Milton Keynes landmark scheme
12 hours ago

Fit-out firm BW forecasts return to growth next year

South east contractor predicts workload recovery next year
10 hours ago

Builder jailed after demolishing wall on colleague

Court imposes prison sentence for gross negligence manslaughter
12 hours ago

Union officials face new probe into blacklist collusion

Unite gathering evidence for QC-led inquiry
11 hours ago

University to offer courses in concrete road repairs

New generation needed as 60% of concrete specialists set to retire in next ten years
11 hours ago

HS2 launches first Midlands TBM

BBV launches Dorothy on first one-mile long bore in Warwickshire
4 days ago

Construction slavery gang busted – five convicted

Romanian victims were promised £50 a day to work on site but were saddled with false debts
4 days ago

New chief named for O’Connor Utilities group

Michael Hughes was formely chief financial officer at Issa brothers owned EG Group
3 days ago

Multiplex aims for woman-led teams at one in 10 projects

Social equity manifesto to tackle lack of female leadership, excessive hours and slow payments
3 days ago

Trio shortlisted for third £115m A9 dualling project

Balfour, Graham and Wills Bros in chase for 9.6km Tomatin to Moy dualling
4 days ago

Plan for £2bn Edinburgh West Town

7,000 homes plan for 200-acre site in West Edinburgh
4 days ago

Morgan Sindall starts £31m Leeds resi scheme

Work starts on 16-storey stepped Springwell Gardens apartment block
4 days ago

Race starts for £200m M5 Junction 10 Improvements

Cheltenham junction upgrade will see new roundabout built above the motorway
4 days ago

New boss at Balfour Beatty Kilpatrick

Will Smith joins from consultant Cummins
4 days ago

Contractors battle Storm Arwen to replace rail bridge

BAM Nuttall, Atkins WSP Joint Venture successfully completes marathon 78-hour installation
4 days ago

Bids called for £835m South London council estate upgrade

London Borough of Southwark is on the hunt for four firms to deliver housing estate upgrades
4 days ago

Willmott Dixon to build £21m net zero Preston school

Tarleton Academy will be net zero in operation
4 days ago

Veteran pair leave Currie & Brown

End of an era as David Broomer and Euan McEwan retire
4 days ago

Balfour Beatty launches neurodiverse site cabins

Cabins adapted for visually impaired and light-sensitive builders will become standard on Balfour sites
5 days ago

26 firms win £7bn schools framework – full list

B&K, Willmott Dixon, BAM, Kier and Wates chalk up both northern and southern major project lots
6 days ago

French specialist Matière to install HS2 cut and cover tunnels

Stanton Precast wins pre-cast segment deal for 'green tunnels'
6 days ago

Scottish house builder buys rival for £56m

Springfield buys Tulloch Homes to expand presence in the Highlands
5 days ago

Wates wins contract for underground houses

Construction to start next year on earth sheltered homes in Battle, East Sussex
6 days ago

VAT dodging electrician banned for five years

Company director barred after Insolvency Service probe
6 days ago

£11m in extra brownfield grants awarded – list

Twenty-three sites receive brownfield funding in second tranche of grants
6 days ago

GMI lands £30m helicopter logistic hub

Building work starts on Yeovil hub for manufacturer Leonardo
6 days ago

HS2 Euston team to get architect-designed site huts

Up to 2,500 workers and 150 students could be using the welfare facility on a daily basis
6 days ago

Contractor services