Competition Commission begins its look at groceries
Following the Office of Fair Trading's (OFT) decision to refer the market for the supply of groceries by retailers in the UK to the Competition Commission (CC) for investigation, the CC is inviting evidence from all interested parties.
This market reference follows an initial OFT study into the sector and public consultation. The CC will now carry out its own comprehensive investigation, to see if any features of this market prevent, restrict or distort competition and, if so, what action might be taken to remedy these.
The CC will now appoint members to its inquiry group and will then publish a draft timetable for the inquiry. The first task for the group will be to gather evidence by contacting all involved parties and by advertising for submissions from any other interested groups or individuals.
The CC would like to hear from all interested parties, in writing, by 6 June 2006. For more information see the CC website.
Frontier (London) advises Tesco.
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