£28m fine for RBS in price-sharing case underlines tougher competition regime
For years competition policy in the UK seemed to be a case of plenty of talk but little action. But the Office of Fair Trading’s (OFT) move last month in fining Royal Bank of Scotland (RBS) a hefty £28.6m for breaching competition law is the latest in a series of recent reminders that the years of hot air are finally translating into a more robust enforcement policy.
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