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• W3124606265 abstract "The grocery retail market is often recognised as problematic, with governments facing complaints from small retailers and suppliers about the practices of large companies and subsequent difficulties in competing with them. This leads to investigations into the grocery markets... Placing the primary focus on the UK and Australian codes of conduct, this article will explore whether a specific regulation for the grocery retail market in the form of an industry code is or would be beneficial and whether a code of conduct is or could be an effective tool for dealing with the issues arising from an unequal bargaining power between large retailers and their suppliers. To determine the limitations of the law in this matter, the relevant Australian legal instruments will be surveyed. Indeed, Australia, having one of the most concentrated grocery retail markets in the world and a number of relevant legal instruments embodied in competition law and consumer law, provides a well-resourced example for the analysis of the issues occurring on the vertical chain in the grocery retail market.These issues come about in two key areas: the first lies in unbalanced bargaining power between the large supermarket chains and smaller suppliers and creates unequal and/or unfair conditions. The second is based on a lack of enforcement of supplier rights and is thus related to the first group of issues. This lack of enforcement occurs for two reasons. First, suppliers fear potential commercial consequences enforced by large supermarkets and are, hence, reluctant to disclose unfair practices. This limits the deterrence and subsequent punishment of unwanted conduct. Secondly, without the existence of a specific legal or policy instrument, such as a soundly-based industry code, there might be, and as the analysis below will reveal in Australia there is a lack of prohibition of such practices and a lack of effective enforcement mechanisms.The first group of issues will be drawn from inquiries into the grocery market in the United Kingdom and in Australia and from the rules embodied in the most recent UK and Australian industry codes of conduct. These are surveyed in the first part of the article, together with the reasons for tackling these issues, which will lead to arguments for addressing them by law and policy. After establishing the reasons, the relevant Australian law is outlined to determine whether a specific industry regulation of the analysed issues is needed. This part reveals a number of inefficiencies in the application of general law to these issues. On these bases, the enforcement of both codes of conduct is analysed to draw a final conclusion as to whether the codes of conduct are or could be an effective tool to deal with the analysed issues, primarily in the Australia context. The comparison of the codes further assists with the determination of the most effective mechanisms for tackling these issues." @default.
• W3124606265 created "2021-02-01" @default.
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• W3124606265 date "2015-01-01" @default.
• W3124606265 modified "2023-09-26" @default.
• W3124606265 title "Vertical issues arising from conduct between large supermarkets and small suppliers in the grocery market: law and industry codes of conduct" @default.
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