In a major move that might help reduce the pricing power of the
UK's major supermarkets, the Office of Fair Trading (OFT) yesterday
said it would refer the issue to the Competition Commission (CC)
for more detailed examination.
The UK's Office of Fair Trading (OFT) says it has not uncovered any
major fresh evidence of supermarket malpractice during an extended
consultation with suppliers and food producers, a spokesperson said
UK milk processors Arla Foods and Dairy Crest have had their
lucrative contracts to supply fresh milk to UK multiple retailer
Morrisons extended - at the expense of rival dairy company Robert
Wiseman, Tom Armitage reports.
UK milk processor Robert Wiseman Dairies has confirmed that its
full year results will be in line with analysts' expectations and
has pledged to up its average farmgate milk price for the first
time in over a year, Tom Armitage...
First Milk, the biggest farmer-owned milk supplier in the UK, is to
take a 15 per cent stake in Robert Wiseman Dairies, one of the
country's top milk processors, in a deal seen as bringing the two
sides of the dairy supply chain...
Tesco, Britain's number one food retailer, and J Sainsbury, the
third largest supermarket operator, have streamlined their milk
supply operations, reducing the number of suppliers from three to
two. The moves echo a similar streamlining...