LONDON, Feb 14 (Reuters) - Tesco, Britain's biggest
retailer, unlawfully stopped major supermarket rivals from
opening shops near its stores, the country's competition
regulator said on Friday.
The Competition and Markets Authority (CMA) said it first
discovered that Tesco had been preventing landlords from letting
property to other supermarkets during monitoring in 2018. Tesco
then reviewed all of its land agreements, finding 23 breaches in
total.
The CMA said Tesco has agreed to take remedial action for
all affected land agreements and improve its internal processes
and staff training to avoid future breaches. It plans to monitor
Tesco’s progress and may take formal enforcement action if
further breaches are found.
(Reporting by James Davey; editing by Alistair Smout)