dazza74
Distinguished Member
- Joined
- Aug 24, 2006
- Messages
- 13,077
- Reaction score
- 1,389
- Points
- 1,938
BTW, what is that quote from?
Based loosely on "Closing the stable door after the horse has bolted".
BTW, what is that quote from?
I had to read this twice. Surely the supermarkets are no different to the banks or energy firms, all are oligopolies.
For the last 10 or so years the supermarkets reduce prices in Q4 and increase them in Q1 or Q2. You forget that inflation has been drive up by the products bought in the supermarkets. Supermarkets have been making profits, but just because the common press does not complain (unless they are squeezing milk farmers too hard), no one seems to notice.
maybe, not sure why do don't think that all 3 industries operate in a similar, all 3 are concentrated with their big players. All 3 have companies at times that say they are better than their competitors, or that they have better prices.I don't believe they are the same. You at least get the impression with Supermarkets that they at least have a go at trying to outsell each other. Banks and Energy companies have for me come to a comfortable understanding not to out do each other.
All we'll end up with if it carries on this way is more and more people dependant on the state for their income and I'm not just talking about those without work.
Don't you remember when car manufacturers could control which dealerships were selling which cars to ensure prices could be maintained?