The Competition and Markets Authority (CMA) announced this week that Amazon will now have to abide by GSCOP rules when it comes to dealing with its supply chain.
The CMA said it had taken into account Amazon’s “increasing activity in the UK groceries’ sector in recent years” in its decision to designate the retailer, with Amazon having reached the all-important £1bn from grocery sales needed to qualify.
NFU win
The NFU has been lobbying the CMA for a number of years to annually review the grocery market to ensure any growing organisations, like Amazon, were included in the GSCOP remit.
The NFU welcomes the decision as it will mean Amazon will have to alter their trading practices to ensure they comply with GSCOP and thousands of companies supplying Amazon with groceries are now safeguarded against potential unfair trading practices.