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Tesco And Asda (Wal-mart) Have Become Too Powerful.
Tesco is absolutely huge here in Britain. Is it eliminating competition from smaller businesses?
 ibanex_87  04 May 2008 19:18
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I agree. Me and a friend were discussing this the other day, and we came up with a (Jokey) theory that Virgin and Tesco were trying to take over the world.


Virgin make wedding dresses now. Bit over the top?
 
 ShoutItOut  13 Jun 2008 11:37
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Yes I agree. As for the argument about Tesco bringing prices down.... What about the OFT report into price fixing among Britain's biggest supermarkets?

Big business is only interested in one thing.......increasing dividends for shareholders and bonus payments for directors. They squeeze their suppliers, list huge profits, pay big remuneration packages for their directors and only see the customer as a tool to achieving this.
 
 pallan281  11 May 2008 19:28
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Yes I agree. The Govt should bring down Tesco before they have control over too many aspects of British life. They started off as a supermarket but now have already moved into Home, Car and Life insurance.
 
 chaew  04 May 2008 19:21
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 And if you were one of the ones at the very top of the pay-scale at that company,- you would think it okay then? Or you would just agree and say, yes, I've worked my butt off for it but come take it all away. Give it to the poor who are all so very deserving of MY money...
by  momof3
 04 May 2008 20:01
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Walmart is the best thing since the car tire
 
 jr_fdsucks  12 May 2008 17:41
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Tesco tends to bring prices down, which can be very salutary for people on low incomes, and Walmart has the same effect in the US. While it is nice to support local, small businesses, we should ask ourselves if we are willing to pay higher prices when we buy food, clothing, shoes, electronics, or any other consumer items. I find that even those who rail against Tesco and other box stores that tend to kill local shops probably go there more often, than to their local corner store, which sells everything for at least 25 percent more. I know that I am more likely to head off to Walmart to buy a pack of sports socks for $5 than to a small, artsy locally-run shop where they will probably charge me triple this amount.

I am in Hungary at the moment and I have found that Tesco (which first opened here in the mid-1990s) is hugely popular among young couples on modest incomes, the working-class and pensioners. Products are far cheaper here than at any other smaller, local shop or even at national grocery chains, mainly because the same Tesco branded items are sold in much larger quantities to customers in neighbouring countries as well.
 
 mackenzie  05 May 2008 08:15
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The companies themselves are doing well. A human or two put in hours of hard work to get those companies where they are today. When you are doing well, you don't want some bully to come along and say, nope, can't do that, it's irresponsible to the ones who have not worked hard and earned the rights to success.

Success is not for free, it is not up for grabs, it is for those who have earned the right to have it!

If someone has power, it's usually something they have earned. Why do some people think its some sort of right to equal things out and give to the undeserving? Why should all the slackers have something they didn't work for - all for free with nothing ever returned?
 
 momof3  04 May 2008 19:58
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I disagree. While I'm not in the UK, people make the same claims about Wal-Mart here in the U.S. Wal-Mart doesn't force people into their stores at gun point, people CHOOSE of their own free will to shop there. They represent the very epitome of the free market, they provide a superior shopping experience to people who want to shop there, therefore those who are unable to compete go out of business.

How anyone disagrees with that is beyond me.
 
 Cephus  04 May 2008 19:31
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 Yes but is irresponsible in the first place. It is not giving the option to smaller businesses as the prices are so much cheaper.
by  ibanex_87
 04 May 2008 19:33
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