Feb 14, 2020

Tesco told not to block rival supermarkets

Tesco has been told not to illegally block rival supermarkets from buying their land or leasing nearby sites. Tesco has agreed to take action to avoid this in the future. In 20 of the cases, when Tesco was leasing property from landlords, it would stipulate in the contract that rivals could not also lease in the same building or site for 20 years or longer. "Andrea Gomes da Silva, the executive director of markets and mergers at the CMA, said in a statement:"It's unacceptable that Tesco had these unlawful restrictions in place for up to a decade. The CMA originally found one breach of the rules, and then a review by Tesco found the other 22 breaches, the authority said in a letter to Tesco chief executive Dave Lewis.

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