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Tesco disputes ‘intent’ to co-ordinate prices in appeal of OFT’s dairy penalty

By Lewis Crofts ( May 25, 2012, 15:09 GMT | Insight) -- Tesco has told a UK court that there was no “intent” to co-ordinate retail cheese prices, in a bid to overturn more than 10 million pounds in antitrust fines imposed by the Office of Fair Trading. While the supermarket shared pricing information with dairy producers, it argued that it could not know that its communications were being passed on to rivals.London – Tesco has told a UK court that there was no "intent" to co-ordinate retail cheese prices, in a bid to overturn more than 10 million pounds in antitrust fines imposed by the Office of Fair Trading (OFT)....

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