Co-op admits unlawfully blocking rival store openings

Quick Summary:

The grocer admits breaching an order aimed at giving shoppers choice and access to the cheapest prices.

The Co-op owns almost 2,400 stores across the UK and holds a 5.2% market share in the UK's £190.9bn supermarket industry, according to the CMA.

Blocking other grocers from opening nearby hits competition between supermarkets and means shoppers have less choice when trying to get cheaper prices, the Competition and Markets Authority (CMA) said.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Competition Stores Number Co-op Supermarket Prevent Retailers Opening Order Supermarkets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 16:59:10 (5 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 779 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 26792930

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 8 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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