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UK: 'Unlawful' tobacco pricing leads to 225m pound fine by OFT
Date: 16 Apr 2010
The Office of Fair Trading (OFT) has fined two tobacco companies and nine retailers a total of 225m pounds for "unlawful" tobacco pricing practices.
The fines relate to infringements which took place between 2001 and 2003.
The OFT said that there was an understanding that the price of some brands would be linked to rival brands in order to limit competition.
It is the largest combined fine handed out by the OFT for anti–competitive practices.
Article source: BBC
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