More

    CMA closes three of four probes on hand sanitiser pricing

    Photo: iStock

    The Competition and Markets Authority (CMA) said it has decided to close three of its investigations over suspected excessive and unfair pricing of hand sanitiser products during COVID-19 pandemic.

    The regulator said the retailers’ prices in these cases do not, or are unlikely to, infringe competition law.

    The CMA has opened investigations against four unnamed convenience stores and pharmacies last month. The fourth investigation is ongoing, the agency added.

    While there were no grounds for action in one case with the review of evidence not suggesting excessive pricing, the CMA closed two other cases on its Prioritisation Principles, considering limited consumer benefits from the investigation.

    “The decision to close the two cases does not amount to a definitive statement or finding as to whether the respective parties to the investigations have infringed competition law, nor should any inference be made to that effect,” it added in the closure statement.

    With respect to the fourth case, the agency reiterated that it has not reached a view on whether there is sufficient evidence of an infringement of competition law for it to issue a statement of objections to the party under investigation.

    Latest

    Family-owned plant-based startup secures funding

    UK-based family-owned startup Shicken has raised £4 million in...

    KP Snacks launches new Tyrrells recycled plastic pack

    KP Snacks today announces the introduction of 25 per...

    Brew Dog delivers low ABV with new Cold Beer

    This summer, BrewDog is cooling down the beer aisle...

    Mangrove portfolio dominates at World Whiskies Awards 2024

    The independent distributor Mangrove’s world whisky portfolio recently cleared...

    Don't miss

    Family-owned plant-based startup secures funding

    UK-based family-owned startup Shicken has raised £4 million in...

    KP Snacks launches new Tyrrells recycled plastic pack

    KP Snacks today announces the introduction of 25 per...

    Brew Dog delivers low ABV with new Cold Beer

    This summer, BrewDog is cooling down the beer aisle...

    Mangrove portfolio dominates at World Whiskies Awards 2024

    The independent distributor Mangrove’s world whisky portfolio recently cleared...

    Co-op’s net zero targets validated global body

    Co-op has become the first UK convenience retailer to...

    Family-owned plant-based startup secures funding

    UK-based family-owned startup Shicken has raised £4 million in funds from Matthew Glover’s Veg Capital, which has tripled its investment in the plant-based meat...

    Co-op’s net zero targets validated global body

    Co-op has become the first UK convenience retailer to have its net zero targets validated by the globally recognised Science Based Targets initiative (SBTi). According...

    Kitwave Group acquires 130-year-old delivered wholesaler

    Kitwave Group plc, the delivered wholesale business, has acquired Total Foodservice Solutions Limited, a leading independent food wholesaler in the North of England. Established over...