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UK’s consumer watchdog proposes new land restrictions for Aldi and Lidl
['Shubhendu Vimal', 'Mon', 'August', 'At Am Gmt', 'Min Read']
Yahoo Finance
The UK's Competition and Markets Authority (CMA) has provisionally proposed designating Aldi, Lidl GB and Lidl NI as Large Grocery Retailers (LGRs), a move that would place them under land use restrictions.
The order bars large grocery retailers from using land agreements, such as restrictive covenants and exclusivity clauses, to stop competing supermarkets from opening nearby.
If the provisional proposals are confirmed, Aldi and Lidl would no longer be able to prevent rival chains from opening stores close to their sites.
After reviewing the way the two chains now operate, the CMA has provisionally concluded that Aldi and Lidl GB and NI "no longer qualify" for LAD status.
"UK's consumer watchdog proposes new land restrictions for Aldi and Lidl" was originally created and published by Retail Insight Network, a GlobalData owned brand.