Debate Magazine

It's Not a Game of Monopoly... Well, It is Actually.

Posted on the 27 January 2017 by Markwadsworth @Mark_Wadsworth

Via MBK from The Times:
Tesco, the country’s biggest supermarket group, has announced a surprise £3.7 billion merger with the food wholesaler Booker.
The deal, which has the unanimous backing of both boards, will create one of Britain’s largest wholesale and retail food businesses that aims to improve the quality, choice and price for customers, independent retailers, caterers and small businesses.

1. Tesco is trying to increase its monopoly power, so whole idea is to reduce "the quality, choice and price for customers, independent retailers, caterers and small businesses".
2. That's a kick in the teeth for the 1,000 workers at the two distribution centres which Tesco is shutting down.
3. Tesco is still my favorite supermarket though. As a consumer, I see little to complain about.


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