Three firms fined for price fixing

12 April 2012

THREE firms have been fined a total of £33,737 for price fixing in respect of automatic slack adjusters, which are brake safety devices for buses, trailers and trucks.

The Office of Fair Trading uncovered price fixing agreements involving John Bruce (UK) Ltd of Sheffield, the importer of automatic slack adjusters manufactured by Madras Engineering Industries in India, and its distributors Fleet Parts of Warrington and EW (Holdings), which trades as Truck and Trailer Components of Cowley and is part of the Unipart Group.

John Bruce and Fleet Parts had an agreement to fix the selling prices to their customers of MEI automatic slack adjusters. John Bruce and Truck and Trailer Components had an agreement to maintain fixed prices for MEI automatic slack adjusters.

The agreements were found by the OFT to be anti-competitive, infringing Chapter l of the Competition Act 1998. which outlaws agreements that restrict or distort competition.

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