Supermarkets and dairy processors fined for co-ordinating prices
Four supermarkets and five dairy processors have been fined a total of £49.51m for co-ordinating prices. The action follows an investigation by the Office of Fair Trading (OFT). It found that Arla, Asda, Dairy Crest, McLelland, Safeway, Sainsbury’s, Tesco, The Cheese Company and Wiseman infringed the Competition Act 1998 by co-ordinating increases in the prices