Tag Archives: sainsburys

Vince: Supermarket mega-merger must be referred to competition watchdog.

The news that two of the big four supermarkets in this country were in merger talks was greeted with concern with many people.

If this goes ahead, the new company would control 30% of the market which is in few enough hands as it is.

Vince Cable basically said that it was a no-brainer that this should be fully investigated before it was allowed. He said:

The grocery market – and the British shopper – already suffers from the mid-market being dominated by just a handful of big players. What the merger of the second and third biggest supermarkets threatens is the creation of

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Recent Comments

  • Richard
    Wow – four political philosophers – Mill, Kroptokin, Rawls and Clegg referred to in a single article !!! As Nick Clegg discovered in 2010 and Keir Starmer i...
  • Tristan Ward
    The original article deplores political opportunism, and suggests Lib Dm MPs are indulging in it by opposing Labour's IHT reforms and imposirtion of VAT in pri...
  • Tristan Ward
    @Mick Taylor I didn't say Kropotkin was a communist. I said he was a "proponent of anarchist communism". Which, for what it is worth, is what Wikipedia ...
  • Cllr Gordon Lishman
    I agree with Ben. William: Ben is at the forefront of doing exactly what you ask - wait for the forthcoming book he's editing and see what you think. Publicat...
  • Tristan Ward
    @Mick Taylor "The proposed tax is 20% over 10 years, around £20,000 per year. " Assuming no sale, that £20k a year has to come out of taxed income. You...