How did the competition commission tame the supermarket giants
The Competition Commission is an independent public body established
by the Competition Act 1998. The Competition Commission conducts
in-depth inquiries into mergers, markets and the regulation of the
major regulated industries, undertaken in response to a reference made
to it by another authority. The Commission recently had the task of
having the power to give one major supermarket chain the go ahead to
merge with Safeway. The proposed acquisition of Safeway by Morrison’s,
Asda, Tesco or Sainsbury’s was referred to the Competitive Commission
under the Fair Trading Act by the Trade and Industry Secretary. The
Commission can consider the opinions of all parties in determining
whether any of the potential mergers is against the public interest.
Topics for inclusion in the meeting could include both local and
national issues, including the effect on consumers and suppliers of
any proposed acquisition. The Competition Commission gave Morrison’s
the green light over the other potential buyers such as Asda, Tesco
and Sainsburys. This was due to a number of economic reasons. Although
neither Safeway nor Morrison’s was struggling, both agreed the need to
merge was very advantageous. Morrison’s was looking for a way to grow
far more quickly, and could afford to fund an acquisition to achieve
that goal as soon as possible.
The successful bid for Morrison’s to take over Safeway would mean that
Morrison’s would become a major and strong national player. The merge
should exert a positive and competitive effect on retail in
supermarkets and also benefit the customers. Some people found the
Morrison’s bid to be against the public interest in particular local
areas where the number of competing supermarkets would be reduced.
However, subject to divestment of particular stores in these areas.
Morrison’s bid for Safeway was allowed to proceed. The Competition
Commission was given just over four and a half months to investigate
the four merger situations. All of these needed to be assessed as to
their likely impact on competition. Mainly in terms of which would be
the most practical to economy. The decision was partly mad by
undertaking isochrone analysis, which is mapping and positioning of
stores area by area and the customers they serve. This provided
detailed information on which areas would be affected as a result of
reduced local competition.
Morrison’s the medium-sized but very fast-growing British supermarket
chain takeover of UK rival Safeway deal was worth 2.9bn.The combined
firm, with 598 stores, a turnover of 12.6bn and a market share of 16%,
aims to be able to compete with Asda, Sainsbury and Tesco, the giants
of the UK supermarket sector. Both Morrison’s and Safeway have been
The micro and macro factors mentioned previously have a direct impact on the operations of Loblaws and Shoppers at that time. In a growing competitive environment and a changing retailing landscape, the two companies need to accommodate itselves against new economic, social, technological and political trends. There are many reasons and potential benefits behind the merger of Loblaw Companies and Shoppers Drug Mart, which are mostly long-term strategic business oriented goals.
Matt Theurer was an 18 year old high school senior and a member of the National Guard. He is employed by McDonald's, the defendant. Matt's manager knew Matt had to drive about 20 minutes to and from work. Matt was scheduled to work a shift at McDonald's from 3:30 pm to 7:30 pm on April 4th, 1988 and 5:00 am to 8:21 am on April 5th, 1988. He was also given a voluntary opportunity for a cleanup shift from 12:00 am to 5:00 am on April 5th, 1988 which he accepted. Matt worked all of his assigned hours, including the voluntary shift. After the last shift was complete,
Debt was one of the problems that led France toward a Revolution. France was badly in debt after participating in the American Revolution and after Kings Louis XIV's and Louis XVI's enormous expenses. In order to save France from bankruptcy, Louis XVI called on the Estates General for help. The Estates General was made up of the First (clergy), Second (nobility), and Third (everyone else) Estate. However there was a lot of conflict within the Third Estate, because it was made up of everyone who was not part of the royal family, clergy, or nobility. The Third Estate was very unsatisfied because although it contained over 80 percent of the population, it still had the same one vote as the other two Estates with fewer people. Thus it re-named itself the National Assembly in June of 1789 and claimed itself the representative body of the people. The Assembly did not aid the King in his financial troubles, yet it demanded many changes to France's absolute monarchy and legislative system.
The French Revolution was one of the most violent and chaotic events in history. It took place in France from 1789 to 1795. The end result was a good one, with France’s government being transformed from an oppressive monarchy, to a nationalist state that stood for freedom, equality, and unalienable rights. The process, however, is the interesting part.
"During the last 20 years however and in response to rising youth crime statistics, states have been expanding their authority to treat juveniles as adults in criminal courts and impose longer sentences. The mantra has been, 'old enough to do the crime, old enough to do the time'" (Singer Para 4). After a great rise in youth crime, something needs to be done. "In 2008, nine percent of all murders in the US were committed by juveniles. Almost half of all ars...
For some reason all a product needs is a little sticker that says organic, and people automatically believe that it is healthier. No one ever stops to ask what this sticker means. Instead they just trust that organic is healthier than the produce that is being sprayed with chemicals. The rise of organic food has created an illusion that organic food is healthier and has nutritional benefits that exceed those of conventional food products.
The French Revolution was very controversial time period with many different aspects affecting it. The French Revolution was a time in French History, between the years 1789-1799, in which the French citizens fought to abolish the monarchy and put in place a new democratic system. As it was a large event spanning over a decade, there were many supporting elements which majorly influenced the revolution. French Enlightenment, The Fall of Bastille, The March on Versailles, and the general state of the economy at the time were all major contributing factors of the French Revolution. finished
The French Revolution began in the year of 1789 and ended in the year of 1799. The war occurred in the French territory including Paris. Politics and enlightenment led to a Civil war in France. People started to rebel against the ideas of absolute monarchy, the systems of government, and the leadership. The people of France wanted freedom and equality. The social structure and economy were big factors in why the revolution started. The social structure went by the Estate System which was thought to be highly unfair by the lower class. The Estate System went by how rich you were, meaning, the first was the richest which were the king and queen, second was the nobles and the third were the peasants.The economy was bad, and people were poor. Napoleon Bonaparte, King Louis XVI, Robespierre, and Jacques-Pierre Brissot were the most important people involved in this revolution. People debate about the effects of the French Revolution, but I for one, do not think that it was very revolutionary because of Napoleon’s actions, unnecessary deaths, and social structure. “The Red Necklace” by Sally Gardner, discusses the main points of the revolution.
The French revolution was a time where political and social chaos took place from 1789 until 1799, it was also the first nationalistic movement that accepted the ideologies of liberty, equality, and brotherhood. The french revolution gave people a new way of thinking to abandon the idea of divine rights and slavery. The french revolution triggered a global decline in absolute monarchies and replaced them with mostly democracies and republics. The causes of the french revolution could have been for many reasons including the Enlightenment, anglophile feeling in france, and the american revolution, however the revolution has definitely took place because of the lack of change in the french system. The first stage of the revolution was Louis XVI clining to absolution with no good response to the poor’s problems leading to there being
Reding V., the European data protection framework for the twenty-century, Oxford Journals, 09 July 2012.
The French Revolution was a long bloody battle that lasted through 1789 to 1799. The new Enlightenment ideals began changing the governmental views of French citizens. The absolute rulers of that time were King Louis XVI and Marie Antoinette. The rationale for the revolution was unrest among the three estates, financial issues, and new democratic visions. A large part of the the French Revolution was the Reign of Terror. The Storming of Bastille on July 14, 1789 marked the genesis of the French Revolution.
Organic foods assist to keep healthier lifestyle and also help to attain essential nutrition to the body. More often than not organic foods contain lower pesticides and chemicals. Organic produce consistently has lower levels of pesticide residues than does conventionally grown produce, and a diet of organic produce reduces
Ellen Huckabay, a regional agent with the Alabama Cooperative Extension Service states, “Research shows that there is little to no benefit of eating organic produce instead of conventionally grown food. Organic food may have less pesticide residues, but it’s not always 100 percent pesticide free. I prefer to buy locally grown produce at Farmer’s Markets. I’d rather know who grew my food than purchase organic anything from another
The food and staples retailing is an increasingly competitive industry. The market giants (competitors) are Coles (owned by Wesfarmers) which has 741 stores across Australia and plans to add 70 m...
Organic food have more vitamins and minerals such as iron and zinc. Womens told that after consuming organic food they have improved the immunity of there family. Better sleeping habbits and less likely to be overweight than when eating conventional foods.