‘Get your shop in order’: probe slams grocery retail giants
Competition Commission inquiry wants smaller businesses and consumers to get a fairer slice of the pie
A scathing report by the Competition Commission, slamming oppressive anti-competitive business practices of SA’s grocery retail giants, could be the solution to jump start the nosediving economy.
As Woolworths, Pick n Pay, Spar, Shoprite and Checkers study the commission’s Grocery Retail Market Inquiry report released on Monday, critics say the findings are exactly what is needed to ensure small businesses have a fighting chance against the national chain stores.
The report, which took the commission four years to conclude, reveals how the retail giants have muscled out smaller competitors and township entrepreneurs and hindered consumers in their choice of products...