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Wal-Mart Shields Itself In U.K. Supermarket Probe

Law360 (May 5, 2008, 12:00 AM EDT) -- Wal-Mart Stores Inc. has reportedly blown the whistle on a group of Britain's largest supermarket chains and some of the world's largest consumer goods manufacturers that stand accused of price-fixing in the U.K.'s supermarket industry, giving the retail giant immunity from a potential $37 billion in fines.

In disclosing the alleged scheme, Wal-Mart — which owns the U.K.'s Asda chain — has guaranteed itself immunity from a fine if any cartel activity is unearthed by the Office of Fair Trading, which launched a probe into the...
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