date:Feb 28, 2013
The OFT in 2011 had concluded that Tesco participated in fixing the retail price of cheese in 2002 and 2003, and it originally fined the company 10.4 million.
The OFT announced that Tesco's appeal in relation to the OFT's 2011 Dairy Retail Price Initiatives decision has been brought to an end by Order of the Competition Appeal Tribunal (CAT) as agreed between the parties.
The CAT upheld the OFT's findings that Tesco broke competition law three times by co-ordinating increases in the prices con