French watchdog probes supermarket purchasing alliances

France's competition watchdog, the Autorité de la Concurrence, is investigating several of the country's major supermarket chains over suspicion that an alliance to pool their purchasing departments, prompted by a price war notably with retail chain Leclerc, breaches competition rules. 

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France's competition uuthority said Monday that it has opened an inquiry to assess the impact of a series of purchasing agreements between major retailers on consumers and suppliers, reports Market Watch.