business news in context, analysis with attitude

  • Published reports say that John Fingleton, chairman of the Competition Authority in Ireland, has charged that the nation's law against selling products below cost is anti-consumer. The charge came in the wake of a conviction by the Irish courts of both Tesco and Dunnes for selling baby foods below cost. The two chains were fined the equivalent of more than $2,000 apiece.

  • Carrefour has announced that it will roll out electronic shelf labels in its hypermarkets at a cost of roughly $12.7 million (US) this year.

  • In the UK, an alliance of consumer and farmer groups is calling for a new competition code to protect both shoppers and small suppliers.

KC's View: