Minnie_the_Minx
someinenhhanding menbag and me ah bollox
I had a chat with someone on your idea this afternoon MtM.
At first glance the problem is that, whilst there is a lot of concern over the numbers of Tesco's currently out there or being planned, they're nowhere near a monopoly position at the moment. They hold 30% of the grocery market, but from memory their share of the entire convenience sector is just over half of that. Plus, they also operate in the white goods, clothing and electronic sectors as well (the bigger stores) where they ahve a much smaller share again.
So I doubt any attempts to restrict Tescos would stand up to the slightest legal challenge. Disliking the way a commnercial enterprise operates is one thing. Being able to do somethiung about it is another entirely.
I will have a chat with David Boyle and NEF to pick their brains on whether they think anything could be done to clip the wings of the big retailers, but I suspect options will be extremely limited.
As always though, the bottom line rests with people. If enough people stop shopping at Tesco's, they won't be able to have so many stores. It really is that simple.
Wasn't really an idea, but more a thought as to how they're allowed to get away with it, when the breweries weren't supposedly able to get away with it.
On that article I quoted earlier:
In 1989, though, the Thatcher government introduced legislation to tackle the six biggest big brewers, whose dominance was approaching monopoly proportions.
it mentions the six biggest brewers. How much of the market share do Tescos, Sainsbury's and the rest of them have to have for them to be classed as monopolising the markets?
Like I said, I don't understand finance/economics or politics, so I'm genuinely curious