Tescopoly? Not really
Posted on Mar 28 2008 | Tagged as: Media, Business
The Guardian reports, under the hysterical headline “Tesco nears complete conquest of UK”, that the supermarket chain’s purchases of stores on a couple Scottish islands leaves the Harrogate postal-code area as the only part of the UK without a store.
They write:
The retailer has faced accusations that it has a near monopoly of the UK grocery market, with protest groups forming across the country.
But such accusations are mainly nonsense.
Yes, there’s a Tesco in my postal-code area. However the nearest one is 5.63 miles away from me. In the same radius there are, among others:
- 9 Co-ops
- 5 Sainsburys
- 2 ASDAs
- 1 each of Morrisons, Somerfield and Iceland.
And that’s clearly not a monopoly.
