We Don't Care About Suppliers, Says Oft ; Watchdog Backs Supermarkets in Row Over Bullying

Mail on SundayMay 15, 2006

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Summary


BRITAIN'S top competition watchdog has said it is ready to see small suppliers squeezed out of business by powerful supermarkets so long as savings are passed on to consumers.

In a devastating admission, John Fingleton, chief executive of the Office of Fair Trading, said he would be prepared to stand aside while British suppliers were driven to the wall, even if this meant supply contracts went abroad.

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Extract


We Don't Care About Suppliers, Says Oft ; Watchdog Backs Supermarkets in Row Over Bullying

He told Financial Mail he would not support the idea that the voluntary code of conduct, which is supposed ...

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