Competition Economics client successfully appeals £112 million fine

The Competition Appeal Tribunal set aside an Office of Fair Trading (“OFT”) Decision in which it fined Imperial Tobacco Group a record £112 million for alleged anticompetitive trading agreements with ten retailers.  Competition Economics Director Luke Froeb submitted testimony on behalf of Imperial Tobacco Group concerning the anticompetitive conduct alleged in the OFT's 2010 infringement decision.  The Competition Appeal Tribunal concluded that the OFT's Decision could no longer stand in light of the detailed factual evidence presented to the tribunal during the six-week hearings. 
Ashurst provided legal counsel to Imperial Tobacco Group.

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