Monday, January 27, 2014

British anti-monopoly supermarket ben e keith proposal has been criticized after the UK Competition


British anti-monopoly supermarket ben e keith proposal has been criticized after the UK Competition Commission on supermarket operations conducted two surveys published a report, it is recommended to limit single supermarket chain in the individual market continues to expand, and strengthen supervision supermarket and supplier relationships. However, the report refers to the current competition between supermarkets ben e keith benefit consumers, without forcing them to sell the vacant storefronts or land reserves, criticized by small retailers failed to take sufficient measures to limit the monopoly ben e keith of large supermarkets. UK grocery market ben e keith is expected ben e keith to reach an annual turnover of 120 billion, of which more than 75% owned by Tesco, Wal-Mart owned Asda, Sainsbury and Morrisons four large supermarket chains to carve. Small local businesses have been accused of the four large supermarkets ben e keith monopolizing the market, and drive them into the dead-end, thus requiring the authorities to investigate and take measures ben e keith to curb the continuous expansion of the four major supermarkets. In this regard, the UK Competition Commission in the past eight years has launched three investigations into the supermarket operations, the latest survey results released yesterday. Encourage the introduction of competition and consumer testing to monitor the organization strongly criticized the four supermarkets unlimited expansion, thus affecting the interests of consumers opposite remarks, the Chairman of the Competition Commission Freeman said in the investigation report, the current competitive UK grocery market, so consumption who generally benefit Commission complaints after more than seven cases of retailers, suppliers and consumers from the investigation, did not affect the Tesco supermarket fair market competition. However, the report acknowledged that there are weaknesses ben e keith in parts of the market competition and, therefore, recommended that the government introduce ben e keith a "competition test" measures in order to assess whether to allow a supermarket to open new stores in the market. Under the proposal, when a supermarket chain market share in a region less than 60%, in order to allow the local government to come to the supermarket to open new stores, on the contrary, if there are too many identical local supermarkets, such as Tesco, etc., the authorities should try to stop the supermarket to open new stores. Since Tesco is the UK's largest supermarket chain, the largest number of open branches in the country, and therefore also opposed to this proposal was the most intense. ben e keith Commissioners appoint an arbitration dispute on the other hand, many suppliers accused of large supermarkets with the wealthy and powerful, with strong bargaining power, and therefore continue to lower prices when goods into, so suppliers can not make a reasonable profit. ben e keith For the circumstances, the Competition Commission recommended the establishment of an independent commissioner system for disputes between supermarkets and suppliers of arbitration, and to strengthen the industry code of practice between supermarkets and suppliers, if the parties do not comply with the Commissioner's independent arbitration decisions will have to face "significant financial penalties." ben e keith The Administration will also be kept confidential complaints supermarkets to encourage suppliers and manufacturers to report. The Committee said that if the behavior of a large supermarket integrity ben e keith and fair treatment of suppliers, we have nothing to worry about. Prohibit the establishment of restrictive covenants addition, some supermarkets have been criticized, but not the development of large areas of land acquisition, or set a time for resale "restrictive covenants" to prevent the new owners of the land available to competitors opening new stores, so there is opposition groups sought to force vacant storefronts ben e keith or large supermarkets sell land reserve, so that other retailers to join the competition. ben e keith However, the Commission in its report recommended only when the authorities of the ban large supermarkets to sell land "restrictive ben e keith covenants," but did not force supermarkets ben e keith to sell vacant ben e keith storefronts or land development, opposition groups make a great disappointment. The trade associations representing small businesses, "the convenience store association," criticized the Competition Commission on the restriction of the four supermarket monopoly grocery market action has done is far from adequate. The association ben e keith pointed out that although the Commission proposed ben e keith the introduction of "competition test", also proposed to strengthen the industry code of practice, but the weakening of the four supermarket monopoly position but there is no help. Association pointed out that even if the authorities to introduce ben e keith "competition test", but supermarkets can open a small store convenience ben e keith store makeovers way to continue to expand and monopolize the market. In addition, independent commissioners system to be successful, vendors must also stand up to testify against unfair trade practices of large supermarkets, can play a role. But most vendors are afraid of reprisals, the courage to testify ben e keith supermarket believe very few, so the proposal is alleged purely talk. Article ID: 200805013910033 ---------------------------------------------- ---------------------------------- copyright of this content is owned by the relevant media organizations / copyright holder. Unless expressly authorized otherwise prohibited reproduction, ben e keith adaptation, distribution or dissemination of the content. All rights reserved copyright holders. This content WiseNews electronic services. Picture 1 <1/1> Click the picture to enlarge or download ben e keith Economic Journal P05 | 2008-05-01 department is not open eyes to the international financial hardship downtown Competition Commission has recommended the establishment of an independent commissioner system, responsible for arbitration between supermarkets and suppliers disputes. But the department has not been established, they have to face the problem of lack of funding, described as unable to help themselves. British officials ben e keith made clear that it would not use taxpayers' money to set up a new department to deal with large supermarket monopoly problem. In this case, the independent commissioner's operating funds, may be responsible for the grocery industry itself. Supermarket reacted strongly, which means that the proposed system ben e keith and industry codes Commissioner will only increase red tape operations and lead to hundreds of millions ben e keith of pounds of expenses and related expenses will be passed on to consumers, and ultimately make them suffer . Which the president of a supermarket Asda Bond pointed out that the proposal ben e keith will make consumers face higher grocery prices, in the current economic downturn further blow to British families. He said the commissioner ben e keith should play a mediator role, and should not be involved disputes between supermarkets and suppliers. This system should be based on the interests of consumers as a starting point. Another supermarket industry officials said commissioners system just a new level of bureaucracy, officials within the new department is to prove that they make a difference, will take the initiative to intervene in transactions between supermarkets and suppliers, so the supermarket lost negotiate with suppliers freedom. If you do not want to bear the expenses ben e keith of the grocery industry, independent commissioner, the British corporate, ben e keith commercial ben e keith and regulatory ben e keith reform ministry has said that it would intervene. The Ministry is responsible ben e keith for formulating new legislation ben e keith to establish regulatory bodies, and giving them a strong power, breach of the Code of publicly condemn the company name and fined. In addition, the authorities will also be able to arbitration by the OFT also responsible, let the officials as an independent commissioner. Article ID: 200805013910034 ---------------------------------------------- ---------------------------------- copyright of this content is owned by the relevant media organizations / copyright holder. Unless expressly authorized otherwise prohibited reproduction, adaptation, distribution or dissemination of the content. All rights reserved copyright holders. This content WiseNews ben e keith electronic services. Picture 1 <1/1> Click the picture to enlarge or download Economic Journal P05 | 2008-05-01 brand also involve ben e keith international look and price manipulation in addition ben e keith to the four major UK supermarkets accused suspected monopolistic market, the local has recently also came several well-known international brands household goods suspected price manipulation, so that consumers will suffer. ben e keith According to British media reports, the British government began to investigate one hundred kinds of major brands are involved manipulation of price behavior, among them are the most popular consumer products, such as toilet paper, toothpaste, ben e keith snacks and other drinks, the OFT listed in the list of up to five pages, including Coca-Cola Crown brand of toilet paper, ben e keith home care brand toothpaste, ben e keith Colgate Total toothpaste, Dove lotion, Ji Boli candy. Reported that the Office of Fair Trading investigation last week up spot a number of large supermarket chains, including Tesco, Asda, Sainsbury, etc., took away hundreds of emails communication between retailers and other suppliers during the period, a number of suppliers also have been notified, investigators would like to provide information. In addition, suppliers and retailers to provide the latest pricing information required by the latter to the OFT in June. Local consumer watchdog said that consumers may have to pay hundreds of millions of pounds to buy these everyday ben e keith items. Related companies convicted of price manipulation convicted, the maximum penalty is a sales accounted for one percent of the fine, which is hundreds of millions of pounds. All supermarkets and food manufacturers have strongly ben e keith denied any involvement in wrongdoing ben e keith and criticized the OFT's latest survey is based on a specific object for the purpose of victimization. One of the major local investment bank Cazanove Tattersall, president and chief analyst accused the OFT actually persecuted for retailers. He said that the Competition Commission had launched three supermarket survey, the results are to free competition in the market unspoiled, so the retailers price manipulation allegations were not substantiated. Article ID: 200805013910035 ---------------------------------------------- ---------------------------------- copyright of this content is owned by the relevant media organizations / copyright holder. Unless expressly authorized otherwise prohibited reproduction, ben e keith adaptation, distribution or dissemination of the content. All rights reserved copyright holders. This content WiseNews electronic services. Picture 1 <1/1> Click the picture to enlarge or download
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