Corporate & Securities Law

An Unsurprising Result

The Irish Competition Authority releases a report offering the stunning finding that ?The retail planning system limits competition among grocery retailers and as a result consumers are not getting the best possible choice or value for money.” HT: Danny Sokol.  The retail planning system apparently imposes restrictions on retailer size, location, and other dimensions of competitive activities.  File this one as evidence in the Two Systems of Belief About Monopoly category.  If somebody has not already done so, and I suspect they have, theres an economic history volume to be written about the long and perverse history of antitrust enforcement and regulation in the grocery retail industry.

Full post as published by Truth on the Market on September 16, 2008 (boomark / email).