Spar joins rivals in ending exclusive lease agreements
30 August 2023 - 19:33
Wholesaler and retailer Spar Group has committed to end long-term exclusive lease agreements by December 2026, joining rivals Shoprite and Pick n Pay in following the recommendations made by the grocery retail market inquiry panel four years ago.
Spar reached a consent agreement with the Competition Commission in a process mediated by judge Dennis Davis, a former judge president of the Competition Appeal Court, the competition watchdog said in a statement on Wednesday...
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