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UK begins review of supermarkets' loyalty card schemes

Published 30/01/2024, 11:41
© Reuters. A shopper walks next to a photographic depiction of tomatoes on a Tesco supermarket as Britain experiences a seasonal shortage of some fruit and vegetables, in London, Britain, February 26, 2023. REUTERS/Toby Melville/File Photo
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(Reuters) - Britain's antitrust regulator said on Tuesday it had started a review of supermarkets' loyalty pricing, as the watchdog considers whether it is fair that cheaper prices are available only to members.

© Reuters. A shopper walks next to a photographic depiction of tomatoes on a Tesco supermarket as Britain experiences a seasonal shortage of some fruit and vegetables, in London, Britain, February 26, 2023. REUTERS/Toby Melville/File Photo

The Competition and Markets Authority had announced plans in November to review loyalty pricing schemes such as Tesco (LON:TSCO)'s Clubcard and Sainsbury's Nectar.

The regulator said on Tuesday it had begun talks with supermarkets and will publish an update on its work in July. It expects to finish the review by the end of the year.

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