Walmart Canada drops lease restrictions on competitors amid grocery sector competition probe.

Walmart Canada is removing property controls that restrict competition in its retail leases across the country. This move follows scrutiny from Canada's Competition Bureau, which is investigating the use of such controls by Loblaw and Sobeys, arguing they hinder competition in the grocery sector. Walmart's decision to waive these restrictions aligns with recent amendments to the Competition Act that enhance the Bureau's ability to protect competition.

November 22, 2024
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