OFT issues statement of objections against Oakley and House of Fraser.
The OFT has provisionally found that Oakley and House of Fraser entered into an agreement and or concerted practice to fix the minimum prices of Oakley sunglasses.
The OFT has issued a statement of objections to Oakley and HoF setting out its provisional findings that from 5 November 2001 to March 2004 Oakley supplied House of Fraser with its sunglasses on condition that House of Fraser agreed to sell them at prices no lower than the Oakley suggested selling price.
The OFT has now given the parties the opportunity to make written and oral representations on the statement of objections, which the OFT will take into account before making its final decision as to whether the Chapter I prohibition has been infringed and as to the appropriate amount of any penalties the OFT may decide to impose on the parties.
