Tesco has expressed "surprise and dismay" at an Office of Fair Trading (OFT) ruling that it must pay £10.43m for allegedly colluding with other retailers and suppliers to fix cheese prices in 2002 to 2003.
Allegations dropped and fines cut in dairy price fixing probe
A long-running investigation into price fixing in the UK dairy market appears to have run its course as allegations are dropped and fines levied at leading processors and supermarkets are reduced.
Scottish dairies cleared in global price fix clampdown
UK competition authority, the Office of Fair Trading, says it will not be taking action against six Scotland-based dairy companies accused of engaging in price fixing.
Lactalis McLelland enters OFT price fix agreement
Dairy group Lactalis McLelland will face a reduced financial
penalty from the Office of Fair Trading (OFT) after accepting
responsibility for its role in the alleged price fixing of
cheeses in the UK.
Morrisons quiet over price fix strike-back
UK-retailer Morrisons has refused to confirm that it is seeking a
judicial review of an ongoing investigation by the UK's Office of
Fair Trading (OFT) into allegations of milk price fixing.
UK dairy groups admit price fixing role
A number of UK-based retailers and dairy processors have admitted
involvement in alleged dairy price fixing for powdered milk, butter
and cheese, resulting in combined fines of about £116m (€161m).
Nestle, Vivartia fined in Greek milk price probe
European dairy giants Nestle and Vivartia are among a number of
companies facing fines imposed by the Greek competition authority
for allegedly fixing dairy prices in the country, press reports
Dairy sector milking UK consumers, claims regulator
The UK's major supermarkets and dairy processors allegedly cheated
consumers out of £270m (€389m) by colluding to
increase prices for dairy products, the competition
regulator claimed today.
Tetra takeover of cheddaring firm escapes Competition Commission
Tetra Laval's anticipated acquisition of the cheese-making
equipment division of a UK-based firm will not be referred to the
Competition Commission (CC) after the Office of Fair Trading (OFT)
accepted proposals addressing competition...
Price fixing allegations hit Wiseman shares
Shares in dairy firm Robert Wiseman have struggled to recover in
recent days after Britain's competition watchdog accused the group
of fixing milk prices in Scotland.
Competition regulator to examine supermarkets' pricing power
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.
MPs report divides British food retailers
UK food retailers have been split by the All Party Small Shops
Committee report calling for a new retail watchdog and a halt to
further mergers and acquisitions pending government guidelines.
UK dairy industry attacks OFT interference
The UK dairy industry has renewed its attack on the country's
competition watchdog, accusing it of unfairly targeting dairy
business deals and endangering the sector's growth.
UK Dairy officials to meet OFT amid rising tension
British dairy representatives will meet with the Office of Fair
Trading to try and solve their differences, as one official admits
retail price initiatives are a no-go.
OFT launches dairy price-fixing probe in UK
Britain's Office of Fair Trading is investigating allegations of
price-fixing by top dairy processors as the government agency draws
increasing criticism from the industry.