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Economics Snapshot - Tesco and Competition
*Tesco has a 31 per cent share of the UK grocery market
*It is the dominant supermarket in 72% of Britain’s 121 post-codes
*In April 2009 Tesco reported a 10 per cent rise in underlying annual pre-tax profits to £3.13bn
*Annual sales were £59bn
Source: The Times (17-07-09) and the Financial Times (04-09)
