Loblaw Companies aims to remove property controls, following Competition Bureau's claims of hindering competition.

Loblaw Companies Ltd., Canada’s largest grocer, plans to eliminate commercial property controls in the grocery sector, urging the industry to follow suit. This move comes amid a Competition Bureau investigation, which asserts that such controls hinder competition and limit consumer choices. Loblaw is willing to stop using restrictive lease terms and hopes to improve the competitive landscape for independent and foreign grocers in Canada.

October 30, 2024
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