23rd Jan 2007 12:25
Sainsbury(J) PLC23 January 2007 23 January 2007 Sainsbury's Response to The Competition Commission's Emerging Thinking Consumers Need Effective Competition Sainsbury's notes the Emerging Thinking published today by the CompetitionCommission and believes this largely covers the issues that should be addressedin the next stage of this investigation - recognising the importance ofeffective competition to consumers. In particular Sainsbury's shares the Competition Commission's concern with "anyone grocery retailer's pre-eminent position, however acquired, becomingentrenched and incontestable by others". This concern centres on the potentialadverse impact on consumers through higher prices or a reduction in the qualityof the offer. Sainsbury's main concern is to ensure that this investigation helps consumershave access to a real choice of one-stop shops and secures a competitive marketin the future at both a national and local level. Notes: A summary of Sainsbury's main submission to the Competition Commission can befound at http://www.j-sainsbury.co.uk/files/pdf/SummaryCCSubmission_1006.pdf Enquiries: Investor Relations MediaLynda Ashton / Elliot Jordan Pip Wood+44 (0) 20 7695 7162 / +44 (0) 20 7695 4931 +44 (0) 20 7695 6127 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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