OFT closes Wiseman probe
UK – The Office of Fair Trading has closed its enquiry into the activities of Scotland-based dairy company Robert Wiseman.
The investigation focussed on whether Wiseman abused its dominant position in the supply of middle weight retailers in Scotland.
Wiseman chairman Alan Wiseman said: “This investigation lasted more than a year and appears to have been triggered by a single complaint from a large rival, Express Dairies.” He added: “Given the nature and the source of the complaint, we have always been confident that the allegation would result in no action being taken against the company.” Following the announcement, Wiseman shares jumped more than 5%. The probe lasted more than a year, and Wiseman claims that it cost the company

