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France: Competition watchdog to examine Carrefour-Provera alliance

By  |  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.

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    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

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