Threshers
Advising Thresher in relation to an investigation by the OFT into allegations of price-fixing in the retailing of tobacco products.
The OFT conducted an investigation lasting several years into allegations of unlawful pricing arrangements concerning the retailing of tobacco products. The case involved two manufacturers (Gallaher and Imperial Tobacco) and 12 retailers including Threshers.
The OFT imposed fines totalling £225m but under the terms of "early settlement" our tactics resulted in a significantly reduced fine than would otherwise have been the case. We were able to acheive this by pro-actively engaging with the OFT which resulted in a material saving to our client.