'Government should have been involved' in Shoprite decision says MHK

Ashford concerned about local suppliers' route to market

A Douglas North MHK says government should have had more involvement in the sale of Shoprite to Tesco to ensure local suppliers can keep hold of a route to market.

David Ashford has criticised missing legislation which could have provided more oversight. 

Tesco has bought all nine of the supermarkets from Shoprite. You can find out more HERE.

Regulations - which would give the Office of Fair Trading the powers to oversee such acquisitions - have never been brought forward by government despite The Competitions Act receiving Royal Assent in 2021.

He told Manx Radio it's highlighted a 'gaping hole' in the legislation: