Supermarkets in UK could be forced to sell land to allow rivals to open in areas where there is not enough competition.
The United Kingdom is dominated by four supermarkets, Tesco, Asda, Sainsbury’s and Morrisons that control 75 percent of the market share of the 120 billion pounds grocery market.
The Competition Commission, the industry watchdog has recommended a new “competition test” under which authorities would have to take account of how many outlets a supermarket already has in a particular area.
Other measures included the creation of a new independent ombudsman or ‘shopping czar’ to oversee a code of practice between supermarkets and their suppliers.
The regulator wants an ombudsman to protect food suppliers against any dispute with the four major supermarkets.
More on BBC Business News.
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