2024年3月19日发(作者:庆丽玉)
新东方出版的考研英语阅读理解精读100篇共有25个单元,本
文档包含第一个单元,更多英语考研信息请点击
UNIT ONE
TEXT ONE
Tesco is preparing a legal battle to clear its name of involvement in the dairy price-fixing
scandal that has cost consumers £270 million. Failure to prove that it had no part in collusion with
other supermarkets and dairy processors may land it with a fine of at least £80 million. The Office
of Fair Trading (OFT) said yesterday that Asda, Sainsbury’s and the former Safeway, plus the
dairy companies Wiseman, Dairy Crest and Cheese Company, had admitted being in a cartel to fix
prices for milk, butter and cheese. They were fined a total of just over £116 million as part of a
leniency deal offered by the watchdog to companies that owned up quickly to anti-competitive
behaviour.
Officials at the OFT admitted privately that they did not think they would ever discover
which company or individual had initiated the pricing formula. But the watchdog recognises that
at the time supermarkets were under pressure from politicians and farmers to raise the cost of milk
to save dairy farming, though it is not certain that money found its way to farmers. The OFT
claimed in September that it had found evidence that the retail chains had passed future milk
prices to dairy companies, which then reached a fixed price among themselves.
The average cost to each household is thought to be £11.25 over 2002 and 2003. Prices went
up an extra 3p on a pint of milk, 15p on a quarter of a pound of butter and 15p on a half pound of
cheese. There is no direct recompense for consumers, however, and the money will go to the
Treasury. The National Consumer Council gave warning that the admissions would dent
consumer confidence in leading high street names and that people would become sceptical of their
claims. Farmers For Action, the group of farmers that has led protests over low milk prices since
2000, is seeking legal advice on whether it can now bring a claim for compensation.
The OFT investigation is continuing, however, in relation to Tesco, Morrisons and the dairy
group Lactalis McLelland, and any legal action is expected to be delayed until that is completed.
Tesco was defiant and said that it was preparing a robust defence of its actions. Lucy
Neville-Rolfe, its executive director, said: “As we have always said, we acted independently and
we did not collude with anyone. Our position is different from our competitors and we are
defending our own case vigorously. Our philosophy is to give a good deal to customers.”
Morrisons has supported the OFT in inquiries into the former Safeway business that it took
over, but in a statement said that it was still making “strong representations” in its defence. A
spokeswoman for Lactalis McLelland said that the company was “co-operating” with the OFT.
Industry insiders suggested that the three companies were deliberately stalling the OFT
investigation.
Sainsbury’s admitted yesterday that it had agreed to pay £26 million in fines, but denied that
it had sought to profiteer. Justin King, the chief executive, said he was disappointed that the
company had been penalised for actions meant to help farmers but recognised the benefit of a
speedy settlement. Asda declined to say how much it would pay in fines and also said that its
intention had been to help farmers under severe financial pressure.
1. From the first paragraph, we may infer that Cheese Company in fixing the dairy price.
_____ [C] Tesco is offered a leniency deal of £80
[A] Tesco is the most resolute among all the million because of its quick response to the
retailers to defend its reputation. anti-competitive behaviors
[B] it is already proved that Tesco has [D] Tesco is trying its best to prove its
colluded with Asda, Wiseman, Dairy Crest and innocence of the scandal.
2024年3月19日发(作者:庆丽玉)
新东方出版的考研英语阅读理解精读100篇共有25个单元,本
文档包含第一个单元,更多英语考研信息请点击
UNIT ONE
TEXT ONE
Tesco is preparing a legal battle to clear its name of involvement in the dairy price-fixing
scandal that has cost consumers £270 million. Failure to prove that it had no part in collusion with
other supermarkets and dairy processors may land it with a fine of at least £80 million. The Office
of Fair Trading (OFT) said yesterday that Asda, Sainsbury’s and the former Safeway, plus the
dairy companies Wiseman, Dairy Crest and Cheese Company, had admitted being in a cartel to fix
prices for milk, butter and cheese. They were fined a total of just over £116 million as part of a
leniency deal offered by the watchdog to companies that owned up quickly to anti-competitive
behaviour.
Officials at the OFT admitted privately that they did not think they would ever discover
which company or individual had initiated the pricing formula. But the watchdog recognises that
at the time supermarkets were under pressure from politicians and farmers to raise the cost of milk
to save dairy farming, though it is not certain that money found its way to farmers. The OFT
claimed in September that it had found evidence that the retail chains had passed future milk
prices to dairy companies, which then reached a fixed price among themselves.
The average cost to each household is thought to be £11.25 over 2002 and 2003. Prices went
up an extra 3p on a pint of milk, 15p on a quarter of a pound of butter and 15p on a half pound of
cheese. There is no direct recompense for consumers, however, and the money will go to the
Treasury. The National Consumer Council gave warning that the admissions would dent
consumer confidence in leading high street names and that people would become sceptical of their
claims. Farmers For Action, the group of farmers that has led protests over low milk prices since
2000, is seeking legal advice on whether it can now bring a claim for compensation.
The OFT investigation is continuing, however, in relation to Tesco, Morrisons and the dairy
group Lactalis McLelland, and any legal action is expected to be delayed until that is completed.
Tesco was defiant and said that it was preparing a robust defence of its actions. Lucy
Neville-Rolfe, its executive director, said: “As we have always said, we acted independently and
we did not collude with anyone. Our position is different from our competitors and we are
defending our own case vigorously. Our philosophy is to give a good deal to customers.”
Morrisons has supported the OFT in inquiries into the former Safeway business that it took
over, but in a statement said that it was still making “strong representations” in its defence. A
spokeswoman for Lactalis McLelland said that the company was “co-operating” with the OFT.
Industry insiders suggested that the three companies were deliberately stalling the OFT
investigation.
Sainsbury’s admitted yesterday that it had agreed to pay £26 million in fines, but denied that
it had sought to profiteer. Justin King, the chief executive, said he was disappointed that the
company had been penalised for actions meant to help farmers but recognised the benefit of a
speedy settlement. Asda declined to say how much it would pay in fines and also said that its
intention had been to help farmers under severe financial pressure.
1. From the first paragraph, we may infer that Cheese Company in fixing the dairy price.
_____ [C] Tesco is offered a leniency deal of £80
[A] Tesco is the most resolute among all the million because of its quick response to the
retailers to defend its reputation. anti-competitive behaviors
[B] it is already proved that Tesco has [D] Tesco is trying its best to prove its
colluded with Asda, Wiseman, Dairy Crest and innocence of the scandal.