Grocery market review extended
The Competition Commission has extended its investigation into the
grocery market by three months. The watchdog has pushed back publication of its provisional findings from June to
September - which means the final report, originally due in November, will now be published in February 2008.
The timetable has been extended due to the volume of evidence the commission is addressing. An additional three months will enable assessment of whether
predatory pricing tactics by big supermarkets are restricting competition in the grocery market. The Association of Convenience Stores welcomed the delay. Chief executive James Lowman said: " ACS has called for the commission to prioritise thoroughness over speed and we are pleased that they have heeded our call."