The UK Competition and Market’s
Authority’s (CMA) first director disqualification
has been viewed as a sign of things to come from the regulator
as it seeks to grow its enforcement remit.
The CMA announced on December 1 that Daniel Aston, managing
director of online poster supplier Trod, had been given a
disqualification undertaking not to act as a director of any UK
company for five years.
This is the first time the power has been used for
competition law breaches since it came on the statute book in
2002. It represents a change in direction from the CMA which
until this year has had a poor enforcement record. "The CMA has
been criticised for its insufficient enforcement of competition
rules, but is taking clear steps to remedy that," said James
Webber, partner at Shearman & Sterling in London. "And this
should be seen as part of that overall...