Iceland's Richard Walker: CMA Slow on Aldi, Lidl Rules

Richard Walker, head of Iceland, criticizes Britains competition rules, accusing Aldi and Lidl of unfairly blocking competitors. He urges the CMA to act swiftly, as these German supermarkets, now holding nearly one-fifth of the market, are allegedly using special clauses in their land contracts to limit competition. The CMA, despite acknowledging concerns, has repeatedly delayed updates on an overhaul of the system, causing frustration across the grocery sector and hindering new store openings.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.