U.K. GOVERNMENT TO LOOK AT RETAIL FOOD COMPETITION

LONDON -- The U.K. government could force British food retailers to divest some stores if it finds the major companies are operating local monopolies.The British Competition Commission is investigating the food retail sector and earlier this month found the industry was extremely competitive and there was no evidence of collusion in the setting of retail prices.However, it last week sent letters to

LONDON -- The U.K. government could force British food retailers to divest some stores if it finds the major companies are operating local monopolies.

The British Competition Commission is investigating the food retail sector and earlier this month found the industry was extremely competitive and there was no evidence of collusion in the setting of retail prices.

However, it last week sent letters to the U.K.'s five largest retailers -- Tesco plc, J. Sainsbury plc, Asda plc, S

Register to view the full article