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Year: 2020
Date: 14 February, 2020
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: The CMA informed Tesco that it had breached the Groceries Market Investigation (Controlled Land) Order 2010 in 23 instances, having land agreements that restricted other supermarkets opening stores nearby in an illegal restraint of competition. The majority of breaches were renewals of contracts prior to the Order and the company had begun to take remedial action.
Action Type: agency action
Agency: Competition and Markets Authority
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)