Big Stores Under Inquiry Pressure

Birmingham PostMay 10, 2006

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Summary


A full-blown inquiry into the UK's pounds 95 billion grocery sector was confirmed yesterday after fears of anti-competitive practices sparked a massive public response.

The Office of Fair Trading has referred the sector to the Competition Commission because evidence suggests some chains are abusing their size by pricing products below cost.

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Extract


Big Stores Under Inquiry Pressure

It also believes that supermarkets are using large "land banks" to stop rival retailers opening new outlets and said its concerns we...

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