Small grocers can apply to remove land use restrictions that benefit Tesco, Sainsbury, Marks & Spencer
The Office of Fair Trading will allow small supermarkets to apply for the removal of land use restrictions that benefit the U.K.’s largest grocery retailers. A Competition Commission investigation of the grocery market found that certain restrictive covenants and exclusivity arrangements insulated large supermarkets from local competition. Rival grocers competing with Asda Stores Limited, Co-operative Group Limited, Marks and Spencer plc, Wm Morrison Supermarkets plc, J Sainsbury plc, Tesco plc, or Waitrose Limited can now apply to have those restrictions removed.
Businesses can apply starting from July 1.
Full content: OFT Press Release
Related content: Defining Product Markets in the UK Grocery Industry
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