Britain’s antitrust regulator, the Competition and Markets Authority (CMA), revealed on Tuesday that it has initiated a thorough review of supermarkets’ loyalty pricing. The watchdog aims to determine the fairness of offering discounted prices exclusively to members, sparking discussions around the practices of major players such as Tesco with its Clubcard and Sainsbury’s featuring Nectar.
Read more: UK’s CMA Increasingly Hostile to Business, Says INEOS Chair
This move follows the CMA’s announcement in November to scrutinize loyalty pricing schemes, addressing concerns about potential market distortions and the impact on consumer choice. The regulator has commenced discussions with supermarkets and plans to provide a comprehensive update on its progress in July. Anticipated to conclude the review by the end of the year, the CMA is poised to make a significant impact on the landscape of loyalty programs in the British retail sector.
Source: Reuters
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI