The Association of Convenience Stores will next week decide whether to give up hope of pushing the OFT for a full review of the retail market after meeting with officials on Tuesday (August 30).
The OFT confirmed earlier this month it would stick to its view that supermarkets and c-stores should be considered two separate markets. “We may have to accept the OFT road is closed,” said ACS chief executive David Rae. “But we are considering all options. We will lobby the people who can make political decisions, such as the DTI and the All Party Small Shops Group. That could lead to new recommendations. The options include more research into the impact of Tesco Express.”
The All Party Group of MPs is gathering evidence as part of its investigation into complaints of unfair dominance by grocery and non-food multiples as it fears a cloning of the high street.
Evidence hearings for its High Street UK 2015 inquiry will start in October.