UK's antitrust watchdog fines broadcast firms $5.2 million in freelancer pay probe
Source: news.source.channelnewsasia
Britain's Competition and Markets Authority (CMA) fined four sports broadcast and production companies a total of approximately 4 million pounds ($5.2 million) for sharing sensitive information about fees for freelance camera operators and sound technicians. The companies involved, BT, IMG, ITV, and the BBC, admitted to breaking competition laws by colluding on pay rates. Sky was exempted from fines for notifying the regulator beforehand. The CMA highlighted 15 instances of unlawful information sharing among the companies.
Key Points
The CMA fined four companies a total of about 4 million pounds ($5.2 million).
The fines were for sharing sensitive information about freelance pay rates.
BT, IMG, ITV, and the BBC admitted to breaking competition laws.
Sky was exempted from fines for notifying the CMA before the investigation started.
The CMA identified 15 instances of unlawful information sharing.
The companies involved have taken steps to improve compliance with competition laws.
