Issue 2006 March 04
Articles in this issue:
Browse Articles
ECONOMICS: UK report calls for halt to supermarket takeovers
A British parliamentary committee is championing small retailers against the big supermarket chains, writes Pat Byrne.A British parliamentary committee has recommended banning further supermarket takeovers, warning that, after wiping out small shop competitors, supermarkets will soon exploit their dominant market power by raising prices.The committee’s recent report warned: “Prices of products will remain fairly low until consolidation reaches a saturation point and the…
