How Much Is That Pint of Milk?

According to the BBC (and every other news outlet!), the Office of Fair Trading has accused the big 5 supermarkets (including Tesco!) and five dairy processors, of 'colluding to fix the price of dairy products'. It is alleged that this may have cost the consumer £270 million.

Of course, this underlines that fact that despite what Tesco might say, when you have just a few players in a market, competition suffers.