OFT pays Morrisons £100,000 in defamation case

23-04-2008

OFT pays Morrisons £100,000 in defamation case
The Office of Fair Trade (OFT) is to pay Wm Morrison £100,000 for making untrue comments about the grocer in a press release.

As part of the watchdog's investigation into dairy product price-fixing between supermarkets and producers, the OFT released a statement in 2007 suggesting Morrisons was provisionally found to infringe competition law in relation to milk, butter and cheese over a two-year period (2002-2003).

The statement also said Morrisons had previously been warned by the OFT against anti-competitive behaviour.

But Morrisons brought legal action against the regulator, claiming the accusations were false. The OFT has agreed to pay Morrisons £100,000 in settlement of the defamation and has agreed to pay court costs.

In a statement, the watchdog said: "The OFT regrets that the press release contained these serious errors, and wishes to apologise sincerely to Morrisons for their publication."

The watchdog emphasised that it has not reached any final conclusions about Morrisons in relation to fixing the price of milk and is still considering all the evidence.

The OFT has accused supermarkets Asda, Morrisons, Safeway, Sainsbury's and Tesco of sharing commercially sensitive information, along with dairy processors Arla, Dairy Crest, Lactalis McLelland, The Cheese Company (formerly Glanbia Foods) and Wiseman.

Although most of the companies have admitted involvement and have agreed to pay a fine, Morrisons and Tesco's are still fighting the charges.

Bookmark with:
Bookmark with: Digg Digg Bookmark with: Del.icio.us Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Automotive
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
HR / Recruitment
Health / Beauty
Hotel / Catering / Restaurants
IT / Internet
Insurance / Pensions
International / Overseas
Legal
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Telecommunications
Transport / Logistics
Travel / Tourism / Leisure