A PYMNTS Company

UK: New supermarket watchdog appointed as part of market legislative overhaul

By  |  January 21, 2013

The appointment for Groceries Code Adjudicator – a position that will be officially created with Parliament’s passing of the Groceries Code Adjudicator Bill later this year – has been announced. Christine Tacon, who has been the head of the Co-operative Group’s farming sector for the last 11 years, will fill the position that was suggested by the Competition Commission in 2008. As ombudsman, Tacon will have the power to fine supermarkets abusing competition law. In a statement, Tacon says that the position of representing direct suppliers is “quite a big responsibility.” The new legislation is the result of a two-year review of the supermarket sector by the Competition Commission, which found that exclusivity agreements between supermarkets and suppliers must be rangled.

    Get the Full Story

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

    Subscribe 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.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: BBC

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