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Call me on Tuesday

John Cassels
23/10/2013

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United Kingdom

We have analysed a random sample of 15 EU cartel investigations to identify the day of the week on which the dawn raid that kick starts these sorts of investigations took place.

29 October 1929 (often called Black Tuesday) was the day which saw some of the most dramatic falls in stock prices in the US Wall Street Crash.  If you may have been infringing EU competition law, Tuesday is also the day of the week on which you should be prepared and ready for an unannounced 'dawn raid' by the EU's competition law officials.

We have analysed a random sample of 15 (relatively recent) EU cartel investigations to identify the day of the week on which the dawn raid that kick starts these sorts of investigations took place.  The results are detailed below:

Cartel investigation

Date of first dawn raid

Day of week

Mountings for windows and doors 3 July 2007 Tuesday
Freight forwarding 10 October 2007 Wednesday
Cathode ray tubes 8 November 2007 Thursday
Smart card chips 21 October 2008 Tuesday
Refrigeration compressors 17 February 2009 Tuesday
North sea shrimps 24 March 2009 Tuesday
Automotive harnesses 24 February 2010 Wednesday
Euro interest rate derivatives 18 October 2011 Tuesday
Industrial bearings 8 November 2011 Tuesday
Car thermal systems 22 May 2012 Tuesday
Plastic pipes 26 June 2012 Tuesday
Car carriers (maritime) 6 September 2012 Thursday
Car battery recycling 26 September 2012 Wednesday
Sugar 23 April 2013 Tuesday
Cargo train transport services 18 June 2013 Tuesday

 

Two-thirds of the raids took place on a Tuesday with the remainder on a Wednesday or Thursday.  Monday and Friday do not figure (month-wise, nor do August or December/January).  If you have key executives trained to manage a competition dawn raid, they should be readier on Tuesdays than on other days.  Needless to say, we are always willing to help on Tuesdays (and Wednesdays and Thursdays…).

If you would like to discuss these issues, please do not hesitate to contact me

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