UOP desiccant: price-fixing investigation
Office of Fair Trading (OFT) closed Competition Act 1998 case.
Agreement between UOP Limited, UKae Limited, Thermoseal Supplies Ltd, Double Quick Supplyline Ltd and Double Glazing Supplies Ltd to fix and/or maintain prices for desiccant.
Full decision of the OFT: uopdecision.pdf
This decision was appealed to the Competition Appeal Tribunal on 10 January 2005. On 19 May 2005 the appeal proceedings were brought to an end by the Tribunal following consent by the OFT to a reduction in the penalty for the appellant. For further details see Competition Appeal Tribunal website.