- My Account
- Logout
- Register
- Login
New names targeted in OFT 'price fix' inquiry
28 April 2008
The four companies have all been contacted by the watchdog, which is seeking evidence about claims retailers and manufacturers fixed prices of a wide range of goods. It is thought the OFT has demanded emails and other documents.
Tesco, Asda, Sainsbury's and WmMorrison have been contacted by the OFT but deny any wrongdoing. Unilever and Procter & Gamble also insist they are innocent.
A spokesman for Procter & Gamble said the OFT visited its offices on Thursday.
"Consistent with our principles, we are fully co-operating with their inquiries," he said. "It is P&G's policy to fully abide by the spirit and letter of the law."
Unilever said the OFT contacted it on Friday.
The investigation has outraged retailers, who have questioned the tactics used by the OFT since the appointment of John Fingleton as chief executive in 2005.
The OFT last week apologised to Morrisons and paid £100,000 compensation over a press release that wrongly suggested the supermarkets group was guilty of fixing prices of dairy products.
Comments
Top stories in Business
Top stories in Business
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
Timebomb ticking in Thames Estuary could put Boris Island plans in jeopardy -
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
‘We will form a human barricade to keep missiles off our homes’
-
Regent’s Park rapist: Teenage jogger assaulted by stranger in terrifying 7am attack
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
Shrimpy's - review