15 July 1999
OFT makes referral on animal feed

A SECRET price-fixing agreement that substantially increased the price of animal feed has been referred to the Restrictive Practices Court.

The Office of Fair Trading (OFT) said said the agreement involved five international suppliers of the animal food additive lysine.

The action is being brought against only Cheil Jedang Corp and Archer Daniels Midland Ingredients, the two companies that conduct business in the UK.