The British Competition Authority against supermarket dominance

By: trademagazin Date: 2009. 07. 22. 00:03

The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores.

According to the Competition Authority; approximately two billion pounds would remain in the pockets of the British residents for the next 25 years, if the program would succeed.
The Competition Authority examined food markets for two years then submitted the draft about the new competitiveness test, which would examine whether there is sufficient competition in some areas of the food market. If the proposal will be adopted, the main loser can be Tesco. It is not coincidence, that in the United Kingdom, those town are called Tesco-towns, where one chain of stores dominates the whole market – reports Pénzcentrum.hu.

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