2013年11月12日星期二

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Competition inquiry could force a giant supermarket land sale An"Emerging thinking"Report today will give suite the first indications of whether the commission will attempt to break the power of the"Big four"Supermarkets by outlawing"Bully boy"Tactics and promoting fairer pricing. "It is an absolute certainty that the report will discuss land ownership and the relationship between supermarkets and their suppliers,"Said jonathan pritchard, a retail analyst at oriel securities. The"Big four"Tesco, sainsbury's, asda and morrisons are believed to have spent tens of millions of pounds on lawyers and consultants to fight accusations that their dominance is hurting consumers. Tesco has even set up a special website to try and refute some of the claims made by christian louboutin outlet uk suppliers, mps and members of the public in written responses to the competition commission inquiry. Tesco is the focus of concerns about supermarket power, because it takes in every spent in the high street.Critics say it has gained an effective monopoly in a number of communities, and it is opening small convenience outlets at the rate of two a week. The investigation is also looking at the expansion of asda, sainsbury's and morrisons.If it believes that there is a problem, the commission has the power to impose planning restrictions on all four supermarkets, and could force them to sell land they have earmarked for new stores.It could also outlaw the practice of"Price flexing", where supermarkets sell staple items such as bread, baked beans and bananas at below costprice in certain areas of the country, in order to entice customers away from rivals. In submissions to the competition commission, an independent body, some food suppliers and farmers said they were afraid of the supermarkets, who christian louboutin slingback use their power to drive prices down to unsustainable levels.The national farmers union complained of a"Climate of fear and oppression"For some suppliers, and of an abuse of power by supermarkets. Mark tinsley, a farmer who supplies major supermarkets, said vegetable packers and processors will not pay extra for british produce in times of shortage because they are afraid of the supermarkets, resulting in supermarkets paying half the price of imported products for uk vegetables. Consumer groups have also complained about the supermarket practice of holding banks of land for development, supposedly to prevent rival supermarkets from building near their existing stores.Tesco denies that it is sitting on a vast land bank. The"Emerging thinking" report will outline Theprogress that has been made christian louboutin online by Thecommission. Thenext stage is a provisional findings report that is due in June. Tesco, britain's biggest retailer, is planning to build more than 2.000 homes in the next three years.The supermarket is waiting for the green light for its biggest project yet, in woolwich, southeast london.This could include 960 homes as well as a large tesco store.Plans include 698 luxury apartments, ranging from one to threebedroom penthouses.The rest will be lowcost housing.Tesco has said that building homes helps to make new store developments commercially viable, particularly in poorer areas.

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