Law & Regulation

Law aimed at supermarkets' anti-competition covenants set to pass

Ian Llewellyn
Tue, 21 Jun 2022

Law aimed at supermarkets' anti-competition covenants set to pass
MPs say they did not have enough time to deal with all the changes needed to prevent supermarkets' anti-competitive covenant behaviour. (Image: Getty)
Ian Llewellyn
Tue, 21 Jun 2022
Legislation curtailing supermarket chains’ ability to use property covenants to prevent competition is set to pass this week, though the final shape of the law is not yet known.The government is working to pass the Commerce (Grocery Sector Covenants) Amendment Bill by Thursday, with its second reading due today.After a shortened consideration process, the economic development, science and innovation select committee recently reported back on the bill. It urged the government to bring in further changes at the committee stage on some...

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