This article is about big supermarkets. They are becoming more and more powerful and they are taking control of other markets – and nowadays the other markets flout restrictions. They’ll fight off plans to increase business tax rates. When labour first cam to power the large supermarkets defeated similar proposals and in Britain the biggest retailer, Tesco, controls 30 per cent of the grocery market. In 2010 Tesco’s market share will be 45%. The article gives other information about Tesco. The supermarket chain is aiming to double its 600 small stores. It is a huge chain and it is aiming to become bigger. The other smaller supermarkets are not happy to see this.
- Do you think it is good that big supermarkets take control and become bigger?
- What do you think about supermarket chiefs who’ll fight off attempts to increase the rate of business tax?
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