Competition and Markets Authority
This coverage examines the Competition and Markets Authority’s (CMA) interventions and decisions affecting the UK retail sector, focusing on mergers, market investigations, pricing policies, and consumer protections. Reporting highlights how regulatory actions influence retail competition, compliance obligations, and strategic planning — offering insight for executives, legal counsel, and professionals navigating regulatory risks and market oversight.
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Jul- 2023 -21 JulyNews
Retail competition not responsible for high food inflation, CMA finds
A new report from the Competition and Markets Authority (CMA) has found that high food price inflation has not been driven by retail competition. Over the past two months, the CMA has assessed how retail competition is working in the UK grocery sector, particularly between supermarkets such as Asda, Morrisons,…
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18 JulySupermarkets
Supermarkets willing to back fuel price checker to drive down prices
Energy Secretary, Grant Shapps revealed yesterday (17 July 2023) that supermarkets and retailers have agreed to back a fuel price checker to drive down prices for motorists, according to the Sun. As part of the scheme, Tesco, Asda, Sainsbury’s and Morrisons will share cost data with the public by next…
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17 JulySupermarkets
Grocery prices soar more than 25.8% in two years, says Which?
The price of groceries at supermarkets has gone up 25.8% since the cost of living crisis began, according to new data by Which? Which? looked at the prices of more than 21,000 food and drink products at eight major supermarkets – Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose…
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14 JulySupermarkets
MPs to quiz Asda boss on fuel price competition
Members of Parliament are set to question Mohsin Issa, co-owner of Asda, on comments from one of his lieutenants over the group’s fuel price strategy, according to reports from Reuters. The Common’s Business and Trade Committee have said they are concerned about discrepancies between statements from chief commercial officer Kris…
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6 JulySupermarkets
Asda owner to face committee over inflated fuel prices
The Commons business and trade committee has reportedly informed Asda owner Mohsin Issa about “apparent discrepancies” in the price of petrol fuel pricing at the supermarket chain and has asked the businessman to appear on 19 July, according to The Telegraph. The chairman of the committee, Darren Jones, said that…
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5 JulySport & Leisure
JD Sports broke competition law with Leicester City FC, CMA finds
The Competition and Markets Authority (CMA) has found that JD Sports, together with Leicester City FC, broke competition law by “colluding” to restrict competition in the sales of Leicester City-branded clothing in the UK. After an investigation which began in September 2021, Leicester City agreed to pay a fine under…
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4 JulySupermarkets
CMA issues £60,000 fine to Asda over fuel price probe failure
The Competitions and Market Authority (CMA) has fined Asda £60,000 for failing to provide information for its fuel pricing probe when required. Asda received two fines each of £30,000, for sending a representative to attend a compulsory CMA interview who was not equipped to provide evidence on certain topics and…
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Jun- 2023 -26 JuneSupermarkets
Supermarket leaders to be questioned over rising prices
Supermarket leaders are set to be questioned by MPs this week regarding claims they could be profiteering from rising food and fuel prices. According to The Sunday Times, Morrisons CEO David Potts will be among the supermarket bosses to be questioned by MPs on the business committee tomorrow (27 June).…
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16 JuneOnline & Digital
CMA clears Amazon’s acquisition of iRobot
The CMA has cleared Amazon’s $1.7bn (£1.3bn) purchase of iRobot, as the authority considered areas of potential concern, after the online giant announced its proposed acquisition of the Roomba maker in August 2022. The CMA was concerned whether Amazon could enter to compete as a supplier of robot vacuum cleaners…
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14 JuneSupermarkets
CMA orders Sainsbury’s and Asda to stop anti-competitive land agreements
Sainsbury’s and Asda have recently been ordered to stop using unlawful anti-competitive land agreements by the Competition and Markets Authority (CMA). The unlawful agreements include placing restrictions on land they own from being used by a rival supermarket, a move which doesn’t allow shoppers to have more choice and benefit…
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