SA’s biggest retailer Shoprite will now have until the end of 2026 to phase out anticompetitive exclusivity clauses it has with the shopping centres in which it operates — in line with that of rival Pick n Pay.

The Competition Tribunal on Wednesday ruled that there was merit to Shoprite’s complaint that the consent agreement with Pick n Pay — allowing it two more years to phase out its exclusive leases as the anchor tenant in malls — is unfair. ..

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