Tobacco decision: the Court of Appeal emphasises finality* The Court of Appeal yesterday delivered a judgment that should finally draw a line under one of the Office of Fair Trading’s more troublesome cases – and which will presumably bring a great sigh of relief from the Competition and Markets Authority, the body that has now taken over the OFT’s functions. The background is the OFT’s ill-fated decision on alleged pricing agreements between tobacco manufacturers and retailers. The OFT’s case collapsed on appeal to the Competition Appeal Tribunal (the “CAT”). That appeal, however, was not the end of the story. Two parties who had entered into early resolution agreements with the OFT, in which they admitted their participation in the alleged unlawful agreements, had
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The England Court of Appeal rules on the matter of exceptional circumstances justifying an extension of time for appealing a decision of the OFT concerning unproven pricing agreements between tobacco manufacturers and retailers (Somerfield)
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