Competition Bureau seeking input on property controls in grocery industry

Beverage News

Competition Bureau seeking input on property controls in grocery industry
BusinessConstructionReal Estate
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 29 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 50%

The Competition Bureau issued a call-out Monday, seeking information from grocery retailers and those in the real estate business about restrictive real estate clauses in the Canadian grocery industry.

October 21, 2024 at 3:29PM EDTGATINEAU, Que. —

The practice involves a grocer adding a clause to a lease or deed — sometimes called a restrictive covenant — to limit the kind of store that can open at a location after the grocer leaves the property. The restrictions may limit competition by preventing other businesses from opening a retail food store or by limiting the products competitors can sell, the bureau said in a release.It found the practice can result in food deserts, where neighbourhoods become geographically isolated from healthy food, according to its submission to the Competition Bureau.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Business Construction Real Estate Retail

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Competition Bureau gets court orders against Air Canada, WestJet for market infoCompetition Bureau gets court orders against Air Canada, WestJet for market infoFILE PHOTO: An Air Canada plane taxis at Pearson International Airport in Toronto, Ontario, Canada May 16, 2022.
Read more »

Competition Bureau seeking input on property controls in Canadian grocery industryCompetition Bureau seeking input on property controls in Canadian grocery industryThe regulator is seeking input from those in the sector about the restrictions in the industry as a whole and as part of its ongoing investigations into Sobeys and Loblaw
Read more »

Competition Bureau flexes new powers to get Air Canada, WestJet docsCompetition Bureau flexes new powers to get Air Canada, WestJet docsCanada’s competition watchdog said Thursday that it obtained two Federal Court orders requiring Air Canada and WestJet to provide information for a study into airline competition.
Read more »

Competition Bureau seeking input on property controls in grocery industryCompetition Bureau seeking input on property controls in grocery industryGATINEAU, Que. — The Competition Bureau is seeking information from grocery retailers and those in the real estate business about restrictive real estate clauses in the Canadian grocery industry.
Read more »

Competition Bureau seeking input on property controls in grocery industryCompetition Bureau seeking input on property controls in grocery industryGATINEAU, Que. — The Competition Bureau is seeking information from grocery retailers and those in the real estate business about restrictive real estate...
Read more »

Competition Bureau obtains court order for probe into Canadian Real Estate Association’s commission policiesCompetition Bureau obtains court order for probe into Canadian Real Estate Association’s commission policiesThe federal competition watchdog says it’s examining the association’s rules to see whether they ‘discourage buyers’ realtors from competing to offer lower commission rates’
Read more »



Render Time: 2025-02-15 02:12:46