Wednesday, July 27, 2011
Posted by D. Daniel Sokol
Andreas Stephan, University of East Anglia (UEA) - Centre for Competition Policy notes OFT Dairy Price-Fixing Case Leaves Sour Taste for Cooperating Parties in Settlements.
ABSTRACT: The UK's Office of Fair Trading (OFT) was forced to scale down its investigation into dairy price fixing due to a lack of evidence, after most of the parties under investigation had agreed to settle their liability and pay fines. This paper discusses implications for cartel enforcement and the use of settlements.