Soldato
Companies should be allowed to get as big as they want to, in the case of Tesco, they're restricted on the number of stores they're allowed to open - especially their Extra format.
However, seeing as Tesco have successfully managed to launch initiatives first and better than their competitors, such as Value, Personal Finance, club card and the like; they should be able to reap the rewards as much as possible.
Just because ASDA and the others don't do business as well, doesn't mean Tesco should be restricted in my opinion.
Also, Tesco and more specifically Sir Terry Leahy read the recent recession better than any other chain by producing a new discounter range that sat between their value and branded offerings.
Whilst a lot of people did trade down, having an impact of value sales as peoples basket spends were now going down, it made sure Tesco retained its customer base for when the recession ends.
So, in summary, Tesco is a strong business because of the great decisions its CEO and Directors take and I see no reason why being good at what you do should go punished.
Yes competition should be healthy, but instead of hiding behind competition laws, challenger brands and companies should try and be more competitive.
However, seeing as Tesco have successfully managed to launch initiatives first and better than their competitors, such as Value, Personal Finance, club card and the like; they should be able to reap the rewards as much as possible.
Just because ASDA and the others don't do business as well, doesn't mean Tesco should be restricted in my opinion.
Also, Tesco and more specifically Sir Terry Leahy read the recent recession better than any other chain by producing a new discounter range that sat between their value and branded offerings.
Whilst a lot of people did trade down, having an impact of value sales as peoples basket spends were now going down, it made sure Tesco retained its customer base for when the recession ends.
So, in summary, Tesco is a strong business because of the great decisions its CEO and Directors take and I see no reason why being good at what you do should go punished.
Yes competition should be healthy, but instead of hiding behind competition laws, challenger brands and companies should try and be more competitive.
