Groceries Code Adjudicator: Finance
The question
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
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.
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