Move to stamp out supermarket domination welcomed by MP
MP Julian Huppert has welcomed a move which will protect Cambridge’s farmers and small suppliers from unfair treatment from the giant supermarkets.
A new powerful supermarket regulator will be able to fine the large multi-national chain stores or name and shame them if they fail to give their suppliers fair prices.
The Grocery Code Adjudicator is being established after a long campaign by the Liberal Democrats and a 2010 manifesto promise.
Julian said: “In Cambridge, we are all too familiar with how the giant supermarket chains pose a real threat our independent traders. They have the power to squash farmers or small suppliers by failing to give them a fair price for their goods.
“This new regulator will make sure that the major supermarkets play fair with the threat of fines if they fail to do so. This move is extremely welcome if we are to safeguard our small, independent traders, which are not only so vital for the future of Cambridge but for the country as a whole.”
Julian, who has been fighting to protect the city’s independent traders through his Local Services (Planning Bill), added: “I am delighted that we have been able to deliver on our promise to offer greater protection to small businesses. If we are to build a stronger economy and create jobs we have to make sure everyone is treated fairly and has a chance in a market place which is not dominated by the all-powerful supermarkets.”