ARCHIVED–this archived case hub reflects the position at the date of the judgment of 15 February 2019; it is no longer maintained. See further, timeline, commentary and related cases. Case facts Outline Appeal by Balmoral Tanks Limited and Balmoral Group Holdings Limited against the CAT’s ruling upholding the CMA’s decision in the supply of galvanised steel tanks for water storage cartel. Latest development On 15 February 2019, the Court of Appeal handed down a judgment in which it dismissed Balmoral’s appeal in its entirety. Parties • Appellants—Balmoral Tanks Limited (Balmoral) and its parent company Balmoral Group Holdings Limited• Respondent—Competition and Markets Authority Background Background On 27 November 2012, the CMA launched its investigation in relation to the supply of galvanised steel tanks for water storage cartel (CE/9691/12).It should be noted that the CMA also conducted a criminal prosecution in relation to the above case under the criminal cartel offence. In short, the former Managing Director of Franklin Hodge Industries Ltd (Franklin Hodge), Nigel Snee, pleaded guilty to dishonestly agreeing with others to fix prices, divide up customers