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Violation Tracker UK Individual Case

Company: Tesco
Current Parent CompanyTesco PLC
Penalty: £0
Year: 2016
Date: 26 January, 2016
Offence Group: competition-related offences
Offence Type: Groceries Supply Code of Conduct violation
Violation Description: The Groceries Code Adjudicator told Tesco to introduce significant changes to practices and systems after finding Britain's largest supermarket seriously breached a legally-binding Groceries Supply Code of Practice (the Code) to protect groceries suppliers. During a thorough investigation covering the period from 25 June 2013 to 5 February 2015 the Adjudicator found that the retailer had acted unreasonably when delaying payments to suppliers, often for lengthy periods of time.
Action Type: agency action
Agency: Groceries Code Adjudicator
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: retailing
Specific Industry of Parent: retail-supermarkets
Source of Data(click here)