Edwin Coe has launched an appeal to the Competition Appeals Tribunal on behalf of 32,000 independent shopkeepers calling for an inquiry into massive supermarket chain stores’ monopoly on the market.
The appeal follows a decision by the Office of Fair Trading (OFT) in August 2005 to reject the Association of Convenience Stores’ (ACS) submission that the supermarket chains have used methods to build up their business in the convenience store market with which they cannot compete.
The appeal, led by Edwin Coe partner David Greene, will see the firm argue that independent shopkeepers have been squeezed out of the market as a result of the supermarkets and their bid to grab market share. Greene said competition issues were likely to be a growing area of litigation.
He said the firm secured the instruction from ACS because it had a reputation for acting for large groups in litigation.
Edwin Coe have instructed Monckton Chambers (Ben Rayment and Paul Lasok QC) on the appeal.