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Retail watchdog role ‘must have teeth’
9:55am Thursday 22nd November 2012 in Business news
A YORK MP says a proposed retail watchdog needs to have “real teeth” so both suppliers and buyers get a fair deal.
The Government plans to introduce a groceries code adjudicator, responsible for increasing protection for farmers and suppliers and ensure large retailers treat them fairly.
York Outer MP Julian Sturdy, himself a farmer, welcomed the plans but said the role must be allowed sufficient power to prevent it becoming “another talking shop”.
He said the adjudicator should be able to fine major retailers for breaches of the the groceries supply code of practice, but its role should include ensuring “a level playing field” rather than to simply criticise supermarket chains.
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