The UK’s Office of Fair Trading (OFT) has said it is to conduct a review of the Supermarkets Code of Practice, one year after it came into effect.
Go deeper with GlobalData
The Code followed a Competition Commission report in October 2000, which recommended a code of practice to put relations between supermarkets and their suppliers on a clearer and more predictable basis.
The OFT is today writing to a wide variety of suppliers’ organisations and the supermarkets themselves. The OFT is asking for views on the Code and how it has been working in practice. Responses have been requested by 28 March.
At the end of the review, the OFT will report on whether the Code is working effectively and whether it should be changed.
