Asked by: Josh Newbury (Labour - Cannock Chase)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 5 November 2024 to Question 11619 on the Groceries Code Adjudicator: Finance, if his Department will make an assessment of the potential impact of the £1 billion turnover threshold on farmers.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
The Competition and Markets Authority (CMA) is responsible for monitoring effectiveness of the Groceries (Supply Chain Practices) Market Investigation Order 2009 in ensuring that businesses, including farmers, that supply groceries directly to designated retailers are treated lawfully and fairly. This includes the £1 billion threshold at which a retailer can be designated by the CMA.
Asked by: Josh Newbury (Labour - Cannock Chase)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential merits of lowering the turnover threshold of £1 billion for businesses that are required to fund the Groceries Code Adjudicator.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
The Groceries Code Adjudicator (GCA) is currently funded by an annual levy on the 14 large retailers that are designated under the Code by the Competition and Markets Authority (CMA). The CMA assesses annually whether retailers which have a turnover exceeding £1bn of grocery sales in the UK should be designated under the Code. The £1bn threshold is set out in the Groceries (Supply Chain Practices) Market Investigation Order 2009 which is the responsibility of the CMA.