The UK’s Office of Fair Trading revealed today (17 October) that it has closed its investigation into alleged price fixing activity in the Scottish dairy market between 2000 and 2003. The regulator said it would take no further action due to insufficient evidence.
Go deeper with GlobalData
The competition watchdog said that it will drop the investigation of six dairies – Ballantyne, Grahams, Quothquan, Renfrew, Scottish Milk Dairies and Robert Wiseman Dairies.
In 2006, the OFT found provisionally that these parties had engaged in illegal price fixing and market sharing activity.
“Although the evidence at the time was sufficient for the OFT to make a provisional finding of an infringement, as a result of continuing investigations … the OFT no longer considers that it has sufficient evidence to proceed,” it said in a statement.
The OFT is still conducting an ongoing investigation into alleged collusion between UK dairy processors and supermarkets.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
