Tuesday 29 September at 5pm
The marathon probe into price fixing in the dairy trade has culminated with fines of nearly 50m being handed out to retailers and suppliers. The Office of Fair Trading today concluded its four-year investigation by issuing fines worth 49.51m for breaches of the 1998 Competition Act.
Robert Wiseman Dairies will rely on recovering rising costs from the major mults to meet performance expectations in the coming months. In its latest trading update, issued this morning, the dairy giant said it was in talks with retail customers about recouping the higher milk prices paid to farmers to ...
Tesco has vowed to battle the multimillion-pound fine it was handed yesterday by the Office of Fair Trading. The UK s largest supermarket was fined 10.4m as the competition watchdog s long-running probe into price fixing in the dairy trade finally drew to a close.
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