OFT Inquiry
In 2005 the school was one of fifty of the country's leading independent schools which were found guilty of running an illegal price-fixing cartel, exposed by The Times newspaper, although the schools made clear that they had not realised that the change to the law (which had happened only a few months earlier) about the sharing of information had subsequently made it an offence. Each school was required to pay a nominal penalty of £10,000 and all agreed to make ex-gratia payments totalling three million pounds into a trust designed to benefit pupils who attended the schools during the period in respect of which fee information was shared.
Read more about this topic: Epsom College
Famous quotes containing the words oft and/or inquiry:
“Diseased nature oftentimes breaks forth
In strange eruptions; oft the teeming earth
Is with a kind of colic pinched and vexed
By the imprisoning of unruly wind
Within her womb, which, for enlargement striving,
Shakes the old beldame earth, and topples down
Steeples and moss-grown towers.”
—William Shakespeare (1564–1616)
“All inquiry into antiquity, all curiosity respecting the Pyramids, the excavated cities, Stonehenge, the Ohio Circles, Mexico, Memphis,—is the desire to do away this wild, savage, and preposterous There and Then, and introduce in its place the Here and Now.”
—Ralph Waldo Emerson (1803–1882)