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Friday, 1 March 2013

Friday, March 01, 2013 Posted by Hari 3 comments Labels: , , ,
Posted by Hari on Friday, March 01, 2013 with 3 comments | Labels: , , ,

Fee, Chris and KJ hope that's the end of the matter...




SOURCE TELEGRAPH: Tesco to pay £6.5m fine for fixing milk and cheese prices
Tesco, Asda and Sainsburys were operating a cartel to keep dairy prices high. The Office of Fair Trading estimated that the collusion led to shoppers paying 2p more for a litre of milk and 2p more for 100g of cheese. Although Tesco has always denied collusion, it finally lost a decade-long court battle. Supermarkets and dairy processors have paid £39m collectively in fines for this price fix.

3 comments:

  1. How can rip offs be legal

    ReplyDelete
    Replies
    1. Supermarket sales tactics may be rip-offs, but they are legal says the Office of Fair Trading
      http://www.blog.rippedoffbritons.com/2012/12/supermarket-sales-tactics-may-be-rip.html

      Delete
  2. Fines are pointless, they should order them to freeze their prices for a couple of years to pay back the people they ripped off.

    ReplyDelete

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