QSA's Week in Retail (#5, 2024)
Competition Bureau gains new powers; StatsCan reports retail sales increase; MP calls for crime reduction in retail.
Start Date: 2024-11-02
End Date: 2024-11-08
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Competition Bureau's New Powers Target Real Estate Exclusivity
MP François-Philippe Champagne announced that the Competition Bureau now has enhanced powers to address real estate exclusivity clauses in store leases. This regulatory change aims to promote fair competition in the retail sector by preventing large chains from using exclusivity clauses that limit other retailers' access to prime locations. The move is expected to increase the availability of retail spaces, potentially benefiting smaller retailers and new market entrants.
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