tutor2u | Monopsony Power: Asda asks Suppliers for Discounts

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Monopsony Power: Asda asks Suppliers for Discounts

Graham Watson

18th February 2016

The extent to which the discounters have altered the nature of grocery retailing is self-evident in this Guardian article that looks at Asda's latest moves in the sector. Asda, currently the worst performing of the incumbents is committed to lower prices and even reducing its range in the hope of improved efficiency.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.


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