Total Pageviews

Thursday, 20 September 2018

Oligopoly in action: Tesco open new cheaper stores in UK

Thank you to Mr Choudhury for finding this video.

Lots of great economics here. Tesco is losing market share to Lidl & Aldi (suggesting the supermarket sector is contestable).

Tesco is responding by introducing direct competition into these markets. Will it work or have Lidl & Aldi got first mover advantage (would you swap supermarkets easily?)


No comments:

Post a Comment