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Press releases 2007

OFT statement on marine hose cartel investigation

174/07    13 December 2007

The OFT will make an announcement at an appropriate time setting out details in this case. The OFT is not able to provide further comment at this stage but notes some inaccurate reporting in the UK press, which will be corrected and clarified by its further announcement on this matter.

In May the OFT announced the launch of a criminal investigation into suspected cartel conduct in relation to the market for marine hoses used to transfer oil (see press release 70/07).




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