J Sainsbury plc Rotten Score Breakdown

In June 2023, the UK Competition and Markets Authority announced that it had found 18 Sainsbury's land agreements were not compliant with the Groceries Market Investigation (Controlled Land) Order 2010. The rules restrict large grocery retailers from using land agreements that prevent competing supermarkets from opening nearby. The CMA said Sainsbury's breaches included restrictive covenants and exclusivity arrangements affecting stores in multiple locations across the UK. Sainsbury's reviewed its land agreements at the CMA's request and took steps to correct the breaches. The CMA said the action was intended to protect competition and consumer choice in local grocery markets. Source: Competition and Markets Authority https://www.gov.uk/government/news/cma-action-on-supermarkets-protects-competition-and-choice-for-shoppers