The UK OFT employs a form of direct settlement and agrees over € 155 M penalties in dairies cartel case (Asda, Dairy Crest, Safeway, Sainsbury’s)

Background On 20 September 2007, the UK's Office of Fair Trading (OFT) issued a Statement of Objections (SO) in which it provisionally found evidence of collusion on the retail price of certain dairy products between a number of large supermarkets and dairy processors. The SO found that these undertakings colluded to increase the retail prices of milk, value butter and cheese produced in the UK. According to the SO, the infringement involved the sharing of commercially sensitive information in 2002 and 2003. The infringement was uncovered by the dairy processor Arla, who received complete immunity from financial penalty through the OFT's leniency programme. The parties involved The OFT's SO identified five supermarkets (Asda, Morrissons, Safeway, Sainsbury's and Tesco) and five

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • University of East Anglia (Norwich)

Quotation

Andreas Stephan, The UK OFT employs a form of direct settlement and agrees over € 155 M penalties in dairies cartel case (Asda, Dairy Crest, Safeway, Sainsbury’s), 7 December 2007, e-Competitions December 2007, Art. N° 15533

Visites 3422

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues