Last updated 30/04/2010
The OFT’s announcement that it has dropped all allegations against Morrisons in relation to its Dairy Products investigation is welcomed.
Morrisons has always believed strongly that it had no case to answer, maintaining that the company was not involved in any initiative to increase the price of dairy products, and that it should never have been part of the OFT’s inquiry.
Morrisons has fully cooperated with the OFT’s investigation, and has provided the OFT with evidence which conclusively exonerates Morrisons.
The OFT’s decision to drop all allegations against Morrisons, on the basis of the clear evidence before it, is therefore a welcome vindication of Morrisons position.
Morrisons continues to seek to ensure the best value for customers.