Categories · Business (Tobacco)
· Cross-Border/Crime
· Business (General)
non-USA, by Country · UK
Organizations · Glh
· ITY
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The OFT is looking into anti-competitive activity between supermarkets and tobacco firms Jump to full article: Agence France Presse (AFP) (fr), 2008-04-25
Intro: Competition authorities alleged on Friday that two cigarette companies and eleven retailers had engaged in "unlawful practices" relating to retail tobacco prices.
The Office of Fair Trading (OFT) began probing tobacco pricing in March 2003 but had not revealed the investigation until Friday.
"The OFT has issued a statement of objections alleging that certain tobacco manufacturers and retailers have engaged in unlawful practices in relation to retail prices for tobacco products in the UK," it said in a release.
"The statement of objections sets out the OFT's proposed findings against tobacco manufacturers Imperial Tobacco and Gallaher, and eleven retailers -- Asda, the Co-operative Group, First Quench, Morrisons, Safeway, Sainsbury, Shell, Somerfield, T&S Stores, Tesco and TM Retail."
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