Tesco and ASDA

Here we go again. Tesco and ASDA were both ordered by the Competition Commission (hereinafter CC) to submit documents to them on the allegation that their practise of business will eventually put many people out of business. Well, there is a possibility that both Tesco and ASDA are misusing their position to select companies which they are comfortable to do business with. Well, I don't know whether they are abusing their power to do business. We will see about that.

It is said that Tesco now holds around 40 percent of the market share in the UK while ASDA holds around 31 percent. Hum...That is a pretty sum, don't you think so? I mean, having both Tesco and ASDA lowering their prices is one thing, the most important factor is the quality of goods being sold at these stores. I really hope that goods sold at these stores will be quality goods.

Mean time, you can check the news at the following links :

http://news.bbc.co.uk/2/hi/business/6516175.stm

http://business.guardian.co.uk/story/0,,1996702,00.html

http://www.tescopoly.org/index.php?option=com_content&task=view&id=58&Itemid=84

http://archive.corporatewatch.org/profiles/tesco/tesco1.htm

http://business.scotsman.com/retail.cfm?id=593362007