Association of Convenience Stores chief executive David Rae appeared before MPs this week as his organisation stepped up a campaign for curbs to be placed on the multiples’ power.
Rae called on the group of MPs to ask the OFT to review its two-market definition of the grocery market, which divides it into one-stop and top-up.
Rae also called for a ban on below-cost selling and transparency of pricing from manufacturers.
At the briefing, arranged to coincide with Tesco’s agm, the multiple was criticised for damaging communities, putting local shops out of business, and threatening the livelihoods of many UK farmers. The session was organised by Friends of the Earth and sponsored by LibDem MP Andrew George.
Rae called on the group of MPs to ask the OFT to review its two-market definition of the grocery market, which divides it into one-stop and top-up.
Rae also called for a ban on below-cost selling and transparency of pricing from manufacturers.
At the briefing, arranged to coincide with Tesco’s agm, the multiple was criticised for damaging communities, putting local shops out of business, and threatening the livelihoods of many UK farmers. The session was organised by Friends of the Earth and sponsored by LibDem MP Andrew George.
No comments yet