Unilever, Procter and Gamble in British consumer watchdog probe: report

0 Comments | AFP, April, 2008

LONDON (AFP) — Two giant household products firms were contacted by Britain's consumer watchdog over a probe that also includes four of the country's biggest supermarket chains, the Financial Times said Monday.

According to the business daily, which quoted a Procter and Gamble spokesperson, the Office of Fair Trading (OFT) paid a visit to the US multinational on Thursday, while Anglo-Dutch rival Unilever and chocolate bar seller Mars received letters on Friday from the OFT to arrange a visit.

The OFT has thus far declined to comment on the inquiry, but the Financial Times said it was to do with price-fixing between supermarkets and their suppliers.

Earlier on Sunday, supermarket giants Tesco, Sainsbury's, Asda and Morrisons confirmed in statements that...

Premium Content Partnership | MyWire provides an in-depth online archive library of reference works. MyWire
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)