Supermarkets to abide by code


18 December 2001



Supermarkets to abide by code

By FWi staff


MAJOR retailers have agreed to comply with a supermarket code of practice supposed to govern their relationship with suppliers.


Tesco, Asda, Sainsbury and Safeway said they would comply with the code, drawn up by the Director General of Fair Trading.


The code responds to problems identified by the Competition Commission in its monopoly report on supermarkets.


It will come into effect from 17 March 2002.


The farming industry has expressed its disappointed with the contents of the code and the way it was published.


Farmers fear they will be offered little protection by it and will continue to leant on by the retailers.

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