Law firm Lovells reports that between 2,000 and 3,000 complaints have been made to the UK Office of Fair Trading
Law firm Lovells reports that between 2,000 and 3,000 complaints have been made to the UK Office of Fair Trading (OFT) since the Competition Act came into force on i March, compared with around 1,000 a year before the Act. Two companies have so far been granted immunity from prosecution for "whistleblowing" on fellow members of an alleged cartel. The OFT also carried out its first dawn raids as part of its investigations into potentially anti-competitive behaviour under the Act. Alexander Forbes UK pic has taken a 20% stake in National Britannia Group Ltd, a specialist in corporate safety, health and environmental risk management issues. The companies plan to work together as preferred suppliers in the UK and internationally. Adam Information Technology has launched a new recovery service, SAT Reflect, that uses satellite and mobile office technology to keep businesses running should they lose connection to their communications network. The tri-partite initiative by the Institute of Risk Management (IRM), Association of Local Authority Risk Managers (ALARM) and Association of Risk Managers (AIRMIC) to establish a British standard in risk management should move to consultation stage before the end of this year, according to Terry Simister, overseeing chairman of the standard initiative.