International - Written by on Friday, September 17, 2010 4:11 - 0 Comments

BREAKING: OFT starts criminal investigation into commercial vehicle manufacturers

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The UK Office of Fair Trading announced yesterday that it has launched a criminal investigation into possible anti-competitive practices of commercial vehicle manufacturers.

Click here for a copy of the OFT press release.

We’ll be watching this closely to see where it leads.

It’s reported that searches were conducted earlier this week and a possible arrest made although it is reported that the person was subsequently released on bail.

In its statement the OFT says: “The investigation is at an early stage. The OFT will not be in a position to conclude whether it considers the law has been infringed until it has completed its investigation and assessed the available evidence.”

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