
The Office of Fair Trading is warning businesses against anti-competitive practice in the wake of the recent price-fixing case involving British Airways.
BA has received a record fine after admitting it colluded with Virgin Atlantic over fuel surcharges.
The OFT says any suspected incidences will be investigated and reported to government.
James Davis reports:
(Text of attached audio)
Under the Fair Trading Act 1996, anti-competitive practice is defined as 'restricting, distorting or preventing competition in connection with the production, supply or acquisition of goods in the Island or the supply or securing or services in the Island.'
There are a number of tell tale signs: a supplier stopping their service to you, receiving surprising similar quotations from suppliers, a supplier making demands that you purchase other goods, only one businesses supplying to your area and a supplier who prevents you selling their products at a discount.
With this in mind, the OFT wants to hear from the public or businesses with any suspicions about this happening.
Next to go?
Services to begin to return to Ramsey and District Cottage Hospital in mid-May
Election 2026: How big a priority will Climate Change be for candidates?
Crookall: 'DoI must rebuild trust with local authorities in wake of Clause Five'
Douglas woman believes 'first-hand' input to government ADHD plans is key