tutor2u | Premier Foods - Are they exploiting their monopsony power?

In the News

Premier Foods - Are they exploiting their monopsony power?

Geoff Riley

5th December 2014

Pay and stay - is this an unfair, exploitative example of the monopsony power of a giant food business over their suppliers? Or a suitable strategy for a company looking to trim their list of suppliers and build longer-term commercial relationships? On the surface it doesn't look good, perhaps the tip of the iceberg in food and drinks industries where suppliers are pathetically dependent on mass-volume food manufacturers for sales?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.


Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.