Six companies have reached early resolution agreements with the OFT in which they have admitted engaging in unlawful practices in relation to retail prices for tobacco products in the UK, and have agreed to pay individual penalties which come to a combined maximum of £173.3m before discounts. Each of these parties will receive a significant reduction in the financial penalty that might have otherwise been imposed on condition that it continues to provide full co-operation with the OFT. The proposed findings in the OFT's Statement of Objections, issued in April 2008, were that two tobacco manufacturers and eleven retailers had variously engaged in one or more unlawful practices in relation to the retail prices of a number of tobacco products in breach of the Competition Act 1998.

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