UK first for price-fixing charges – Financial Times

Posted December 12th, 2007 in extradition, news, price fixing by sally

“Three British oil industry executives are due to plead guilty to price-fixing on Wednesday in a landmark Texas case that could have big implications for the extradition and prosecution of other British business people in the US, people familiar with the matter say.”

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Financial Times, 11th December 2007

Source: www.ft.com

OFT fines supermarkets £116m in dairy probe – The Times

Posted December 10th, 2007 in news, price fixing by sally

“Sainsburys and Asda have admitted fixing the price of dairy products with producers in the aftermath of the Foot and Mouth outbreak of 2001 following an investigation by the Office of Fair Trading (OFT).”

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The Times, 7th December 2007

Source: www.timesonline.co.uk

Tesco prepares to fight charges of collusion in price-fixing scandal – The Times

Posted December 10th, 2007 in news, price fixing by sally

“Tesco is preparing a legal battle to clear its name of involvement in the dairy price-fixing scandal that has cost consumers £270 million.”

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The Times, 8th December 2007

Source: www.timesonline.co.uk

US-style lawsuits to fuel compensation culture – Daily Telegraph

Posted November 26th, 2007 in class actions, compensation, consumer protection, news, price fixing by sally

“Consumers will be entitled to automatic compensation payouts from retailers who fix high street prices under Government proposals to introduce US-style class-action lawsuits to Britain.”

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Daily Telegraph, 26th November 2007

Source: www.telegraph.co.uk

BA staff could face extradition to US after $300m fine for price fixing – The Guardian

Posted August 24th, 2007 in airlines, extradition, news, price fixing by sally

“Senior British Airways staff under criminal investigation for price fixing face the threat of extradition to the US under a controversial treaty, it emerged last night. The justice department in Washington was set to publish the names of 10 former and current BA employees as criminal suspects under investigation for running a fuel surcharge cartel after a judge confirmed a $300m (£151m) fine for the world’s third-largest airline.”

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The Guardian, 24th August 2007

Source: www.guardian.co.uk

Top BA staff face criminal inquiry in price-fixing case – The Guardian

Posted August 20th, 2007 in airlines, news, price fixing by sally

“The price fixing scandal at British Airways deepened yesterday after it emerged the US department of justice will open criminal investigations into senior staff at the airline next week.”

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The Guardian, 18th August 2007

Source: www.guardian.co.uk

British Airways fined £269m for fixing prices with Virgin – The Times

Posted August 2nd, 2007 in airlines, news, price fixing by sally

“British Airways was fined a total of £269 million for conspiring to fix the price of air fares yesterday but the airline could be forced to pay out millions more to passengers seeking compensation.”

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The Times, 2nd August 2007

Source: www.timesonline.co.uk

BA fined £121.5m for price fixing – The Guardian

Posted August 1st, 2007 in airlines, news, price fixing by sally

“British Airways is to pay a record fine of £121.5m after admitting price fixing on fuel surcharges on its long-haul flights.”

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The Guardian, 1st August 2007

Source: www.guardian.co.uk