A PYMNTS Company

France: Competition watchdog to examine Carrefour-Provera alliance

 |  June 21, 2016

France’s Competition Authority will conduct a two-month investigation into a proposal by leading supermarket group Carrefour and Cora’s Provera to expand a purchasing alliance.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The investigation comes as the regulator continues to examine a purchasing and store-swap alliance between French supermarket group Auchan and Super U owner Systeme U to decide whether it would threaten competition in the sector.

    The head of the watchdog, Bruno Lasserre, told a hearing before the National Assembly’s Economic Affairs Commission on Tuesday that it had received notification of a further alliance between Carrefour and Provera on non-premium products.

    Cooperation on purchasing typically means retailers will benefit from greater power in negotiations with suppliers.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.