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Tobacco groups, retailers face OFT price fixing allegations -report  

Jump to full article: AFX News, 2008-04-25

Intro:

The United Kingdom Office of Fair Trade is set to unveil wide-ranging allegations that tobacco companies and retailers fixed cigarette prices, the Financial Times reported citing people familiar with the tobacco investigation.

The allegations come two days after the OFT was forced to apologise to Wm Morrisons and agreed to pay 100,000 pounds in damages and costs after admitting inaccuracies in another antitrust probe.

The cigarette announcement, expected today, relates to alleged deals between the tobacco companies and a range of retailers, with cigarette suppliers the main focus of the enquiry, the report added.

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