The acquisition of the canning business of Premier Foods by Princes will not be referred to the UK Competition Commision after the company addressed concerns by selling its Fray Bentos brand.
Dairy group Lactalis McLelland will face a reduced financial
penalty from the Office of Fair Trading (OFT) after accepting
responsibility for its role in the alleged price fixing of
cheeses in the UK.
Following nearly four years of pressure, Britain's Office of Fair
Trading (OFT) has finally agreed to refer the grocery sector to the
Competition Commission (CC) for an in-depth enquiry.
UK food retailers have been split by the All Party Small Shops
Committee report calling for a new retail watchdog and a halt to
further mergers and acquisitions pending government guidelines.
Britain's 'big four' supermarket chains may face pressure as the
Office of Fair Trading (OFT) withdraws its previous ruling
protecting the grocery sector from investigation by the Competition
Commission (CC).
The UK's consumer watchdog has found that the country's major
supermarkets are observing an industry code of practice but that
suppliers are not making use of it.
Britain's biggest food retailer Tesco is being accused of delaying
an investigation by the Office of Fair Trading into the oft-fraught
relationship between food suppliers and their retail customers,
reports Chris Jones.
The UK’s Office of Fair Trading (OFT) last week fell short of
confirming what food producers, farmers and lobby groups have been
saying for the last year – that the Supermarket Code of Practice is
failing to curb the power of the...
The Supermarket Code of Practice, designed to regulate the way in
which British retailers do business, has been criticised once again
by a number of consumer and producer organisations for failing to
do enough to curb the power of...
Marks & Spencer's high profile launch of its new
loyalty-cum-credit card, &More, has been criticised by the
Office of Fair Trading, despite the fact that it offers a more
attractive rate of interest to holders than the...
The Office of Fair Trading has begun an annual review of the Code
of Practice governing supermarket chains and their suppliers. But
with the balance of the UK retail market set to shift once again
following the Safeway deal, some...
Allegations of anti-competitive practices in the Scottish milk
market by Robert Wiseman Dairies have been dismissed by the Office
of Fair Trading because of a lack of evidence. The decision has
angered other dairy groups, and an appeal...
