Man faces charge in criminal cartel investigation - The Office of Fair Trading

The Office of Fair Trading's press release says:

A man appeared at Westminster Magistrates Court today to face a
charge under section 188 of the Enterprise Act 2002, the criminal cartel
offence.

Peter Nigel Snee was charged on 13 January 2014 following an investigation by the Office of Fair Trading.

Mr Snee has been charged with dishonestly agreeing with others to
divide customers, fix prices and rig bids between 2004 and 2012 in
respect of the supply in the UK of galvanised steel tanks for water
storage. The alleged arrangements related to a number of businesses,
including Franklin Hodge Industries Limited, Galglass Limited, Kondea
Water Supplies Limited and CST Industries (UK) Limited. For more
information, see the case page.

Mr Snee is due to appear at Southwark Crown Court on 4 February 2014 for a Preliminary Hearing.

Crime and Disorder Act 1998 reporting restrictions apply and the OFT is unable to publish further details at this stage.

The OFT is also conducting a related civil investigation into whether businesses have infringed the provisions of the Competition Act 1998.

That investigation concerns the supply of galvanised steel tanks for water storage.