The Office of Fair Trading (OFT) has confirmed it is still investigating two further alleged infringements of competition law, as part of the investigation it began in 2010 into Mercedes-Benz UK and five of its commercial vehicle dealers. Last week the OFT revealed it had reached a settlement with Mercedes-Benz and four of its CV dealers – Blackburn-based Ciceley Commercials, Warrington-based Enza Motors, Liverpool-based Road Range and Bradford-based Northside Truck and Van – after they admitted infringing competition law. Mercedez-Benz, […]
Tarmac has confirmed it is in consultation with staff, following media reports suggesting it intends to relocate its headquarters from Wolverhampton to Solihull as part of its joint-venture with Lafarge. The firms are looking to combine their UK activities in the cement, aggregates, asphalt and ready-mix concrete (RMX) sectors to find further efficiencies in a tough environment. According to reports, the closure of Tarmac’s Ettingshall, Wolverhampton, headquarters and the opening of a new base in Solihul is one of the […]
The Office of Fair Trading (OFT) will publish the result of its call for information on the UK petrol and diesel market on Wednesday (30 January). The report is expected to identify whether there are any competition concerns within the UK fuel market to warrant the launch of an investigation. The OFT began gathering information from the industry, motoring groups and consumer bodies in September, and its decision has been awaited keenly. Pressure group PetrolPromise has been pushing for a […]
The Office of Fair Trading (OFT) has been branded ‘complacent’ and accused of carrying out a ‘continued whitewash’ after insisting that its study last year of the UK fuel market yielded no credible evidence of any market manipulation.