U.K. Regulators Demand E-Mails In Supermarket Probe

Law360, New York (August 20, 2007, 12:00 AM EDT) -- U.K. antitrust regulators have demanded that the country's largest supermarket chains turn over e-mails that may prove the companies engaged in predatory pricing.

The U.K. Competition Commission said on Sunday that it had requested e-mails from grocery giants Asda and Tesco in an effort to prove that the retailers had forced their suppliers to lower prices.

Both companies confirmed that they had received Section 109 notifications asking for the documents. The companies said that they would comply with the Commission's request, even though it may require...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.