French Competition Authority Investigating Retail Agreements
16 Luglio 2018 - 06:19PM
Dow Jones News
By Nathan Allen
France's Competition Authority said Monday that it has opened an
inquiry to assess the impact of a series of purchasing agreements
between major retailers on consumers and suppliers.
The investigation concerns an alliance between Auchan SA, Casino
Guichard-Perrachon SA (CO.FR), Metro AG (B4B.XE) and Schiever, and
a separate agreement between Carrefour SA (CA.FR) and Systeme U,
the authority said.
A later alliance between Carrefour and British grocer Tesco PLC
(TSCO.LN) will also be included in the inquiry, according to the
Competition Authority.
The recent deals are greater in scope than a set of similar
agreements reached in 2015 as they include internationally produced
goods and store-brand products, rather than just local names, the
regulator said.
Casino said it always sought to be respectful of striking a
balance in its relations with suppliers and said that its Horizon
Alliance had made several commitments based on the General French
Food Convention.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 16, 2018 12:04 ET (16:04 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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