Wednesday 30 April 2008

Competition Report on supermarkets

Measures designed to curb the power of major supermarkets and improve choice for consumers have been announced by the Competition Commission. Recommended changes to the planning system will make it harder for one chain to dominate a local area. And a new independent ombudsman will resolve any disputes between suppliers and retailers. But supermarkets are arguing that consumers could end up paying the cost of running the ombudsman scheme. BBC News
(Measures in detail.)
"Although, in many areas, there is good choice and strong competition between retailers, there are also a significant number of local areas where larger grocery stores face limited competition and local shoppers lose out," the Competition Commission said.

Critics of Britain's major supermarkets reacted angrily today after the Competition Commission announced new rules to curb the power of the major supermarket chains. Small retailers and environmental and consumer groups are concerned that the rules are not tough enough and will do little to curb the dominance of the large food retailers.
Supermarkets critics angry at report.

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