UK: OFT Carries Out Price Fix Raids
A number of big name sportswear retailers and manufacturers have been raided by the UK's Office of Fair Trading (OFT). The raids took place as part of an investigation into price fixing of replica football kits. Companies targeted included Nike, JJB Sports, and Umbro. The OFT said that no assumptions should be made at this stage, as decisions on whether competition law has been infringed cannot be made until they are in full possession of the facts.
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