Life is sweet for British Sugar
BRITISH Sugar yesterday avoided a watchdog investigation into its market practices,after the Competition and Markets Authority (CMA) confirmed it would not look into a complaint by a rival that it was abusing its dominant position in the market.
Rival Napier Brown claimed that British Sugar was charging higher prices for its sugar and that this was damaging its trading.
In a statement, British Sugar said it was “confident that it had acted appropriately at all times.”
It added: “British Sugar is pleased that the CMA has elected not to pursue Napier Brown’s complaint.”