U.K. Retailers Fined for Dairy Price Fixing

British supermarket operators Sainsbury, Asda and Safeway, along with three dairy producers, have agreed to pay fines totaling around $170 million related to charges they colluded to increase milk prices in 2002 and 2003, the Office of Fair Trading here said.

LONDON — British supermarket operators Sainsbury, Asda and Safeway, along with three dairy producers, have agreed to pay fines totaling around $170 million related to charges they colluded to increase milk prices in 2002 and 2003, the Office of Fair Trading here said. The fines came as part of an early settlement of an ongoing OFT investigation alleging that the retailers and suppliers disc

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