A Competition Commission proposal to make competition central to planning law reforms may help Tesco’s rivals gain a precious foothold in areas where they have previously struggled to make an impact. Financial Times, The Times, Daily Telegraph
The four big supermarket retailers could be forced to sell up to 110 parcels of land and 40 stores between them under proposals to increase competition in local markets being considered by the Competition Commission.
Tesco has warned that it could be penalised for “investing and taking risks” if the Competition Commission pushes ahead with plans to force supermarkets to sell development sites and stores in areas where they dominate.
Meanwhile, the Association of Convenience Stores has slammed the Commission for using incomplete data.