For those of you living outside of the UK, Waitrose is an upmarket supermarket whose wares are indefinably better, or at least more expensive, than its competitors. If an area hosts a Waitrose, then it proves that it is a good place to live, and property prices will leap with joy at the privilege.
Competition law rarely intrudes into land agreements. Indeed, until 2011, when the Groceries Market Investigation (Controlled Land) Order 2010 (the ‘Order’) was introduced, most land agreements were not caught at all. In the past eleven years there have been very few cases brought under the legislation, explicable by the softly, softly approach that the regulator, the Competition and Markets Authority (“CMA”), chooses to take. Continue Reading Waitrose gets a slap on the wrist for breaching competition law in restrictive land agreements