CMA makes mark with first director disqualification

Author: Tom Young | Published: 5 Dec 2016

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...