The UK Competition Appeal Tribunal quashes OFT’s tobacco pricing decision (Imperial Tobacco / Gallaher / Retailers)

On 12 December 2011, the Competition Appeal Tribunal (“CAT”) quashed a decision of the Office of Fair Trading (“OFT”) in which the UK regulator had imposed a record fine on a number of tobacco manufacturers and retailers for manipulating prices of tobacco products through a network of illegal agreements. In its April 2010 decision, the OFT had imposed a fine of £ 225 million on two of the main tobacco manufacturers in the UK (Imperial Tobacco and Gallaher), as well as on ten retailers (Asda, The Co-operative Group, First Quench, Morrisons, One Stop Stores, Safeway, Sainsbury's, Shell, Somerfield and TM Retail) for engaging in anti-competitive practices contrary to the Chapter I prohibition of the Competition Act 1998 (the UK equivalent of

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The UK Competition Appeal Tribunal quashes OFT’s tobacco pricing decision (Imperial Tobacco / Gallaher / Retailers), 12 December 2011, e-Competitions Bulletin December 2011, Art. N° 58858

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