Courts / Meath / Report

Company director fined €7.5k for price fixing scam that targeted large multinationals

Date
2017-05-31
Stage
Sentence
Primary locality
Dunshaughlin
County
Meath

Summary

Brendan Smith, 39, of Greenane, Dunshaughlin, Co Meath, pleaded guilty to running a price‑fixing scam that targeted large multinationals such as Google and PayPal. He was fined €7,500 and received a three‑month prison sentence suspended for two years for attempting to impede a prosecution. Smith had entered a bond for good behaviour, with a breach allowing him to serve the suspended term. The company he worked for, Aston Carpets, was fined €10,000. The scam involved an anti‑competitive agreement between July 2012 and April 2013, where Aston Carpets, Flooring and Carpet Centre (Contracts) Ltd tendered higher prices to secure contracts. The scheme was exposed by David Radburn, who revealed the agreement to the Competition and Consumer Protection Commission. Smith's sentence considered his monthly income of €9,422 and property interests in Dublin and Co Meath.

Who, what, where, when and why

What: Report matter: Company director fined €7.5k for price fixing scam that targeted large multinationals. Procedural stage: sentence

When:

Why: At a sentencing hearing on May 1, Daniel Kenna, of the Competition and Consumer Protection Commission, explained that the scam was exposed by David Radburn of Carpet Centre. CNI source report

Case subjects

Brendan Smith

Defendant

Plea: Guilty

Outcome: Brendan Smith (39), of Greenane, Dunshaughlin, Co Meath a three-month prison sentence, suspended for two years, for attempting to impede a prosecution. The company that Smith worked for at the time of the offence, Aston Carpets, was fined €10,000.

Places mentioned

Court Venue
  • Central Criminal Court
Residence
Secondary Mention

Topics

Stage Sentence

Related court reports

Read the original CNI report

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