Can you remember the OFT's rhetoric when it first imposed astronomical cover pricing fines on the construction sector? It's fair to say that it wasn't exactly measured. Next week it has to decide whether to appeal the decisions made by the Competition Appeal Tribunal to reduce the fines imposed upon recruitment agencies following reductions of up to 90% of the original penalties (see page 14). Whatever its decision, the OFT's response will provide a clear signal as to its intention to appeal the bulk of the reductions recently obtained by contractors.
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