UK Supermarket Loyalty Prices Under Review: No Widespread Misleading Practices Found
The UK's Competition and Markets Authority (CMA) review of supermarket loyalty pricing schemes found no widespread evidence of misleading promotions. The investigation, involving tens of thousands of cases, focused on whether non-loyalty prices were artificially inflated to appear more attractive. A full report on the findings is expected in November.
The UK's competition regulator announced on Friday that it is unlikely to find widespread evidence of misleading promotions in its ongoing review of supermarket loyalty prices. Loyalty schemes, which have grown in popularity among the UK's leading supermarkets, offer lower prices to members and are now used by most customers.
The Competition and Markets Authority (CMA) began its review in January, scrutinizing the impact of loyalty pricing employed by supermarkets such as Tesco and Sainsbury's. The final report is scheduled for release in November.
The CMA is investigating whether non-member prices were artificially inflated to make member prices seem more appealing. While the analysis of tens of thousands of promotions is ongoing, initial results suggest the practice is not widespread. However, some instances of alternating promotions have raised questions about the regular pricing of products.
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