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· Business (Tobacco)
· Cross-Border/Crime
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non-USA, by Country
· UK
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Jump to full article: Dow Jones via Nasdaq, 2008-04-25
Intro: J Sainsbury PLC (JSAIY) said Friday it will have total immunity from any fines imposed by the Office Of Fair Trading at the conclusion of its investigation into tobacco price fixing in the U.K.
The OFT said earlier Friday it is investigating possible price fixing by two tobacco manufacturers and 11 retailers over tobacco products in the U.K.
The U.K.'s third-largest supermarket group said Thursday it had cooperated fully with the OFT on the matter since 2003, "and, as a result, can expect total immunity from any potential resulting fines in the event the OFT concludes there has been an infringement."
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