Apology and damages for supermarket over price-fix claims

The Office of Fair Trading in the UK today apologised to Morrisons and agreed £100,000 (€124,000) damages after the retailer was wrongly identified in a price-fixing probe.

The watchdog announced the settlement after Morrisons took legal action over a press release issued in September by the OFT at the same time as a statement of objections against a number of large supermarkets and dairy processors.