The Offi
ce of Fair Trading (OFT) has alleged tobacco firms and supermarkets have been engaged in unlawful practices linked to retail prices for tobacco. The OFT names 11 retailers, including Asda, Sainsbury and Tesco, and tobacco firms Imperial Tobacco and Gallaher. One allegation is that retailers and tobacco groups arranged to swap information on future pricing. A separate allegation is that there was an understanding that the price of some brands would be linked to rival brands. The OFT said understandings between cigarette companies and retailers between 2000 and 2003 limited the retailers' ability "to determine its selling price independently". This is not about price fixing," an OFT spokeswoman said "This is about retail price co-ordination, which is also illegal.
ce of Fair Trading (OFT) has alleged tobacco firms and supermarkets have been engaged in unlawful practices linked to retail prices for tobacco. The OFT names 11 retailers, including Asda, Sainsbury and Tesco, and tobacco firms Imperial Tobacco and Gallaher. One allegation is that retailers and tobacco groups arranged to swap information on future pricing. A separate allegation is that there was an understanding that the price of some brands would be linked to rival brands. The OFT said understandings between cigarette companies and retailers between 2000 and 2003 limited the retailers' ability "to determine its selling price independently". This is not about price fixing," an OFT spokeswoman said "This is about retail price co-ordination, which is also illegal.
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