TESCO “UTTERLY DETRIMENTAL?”

It seems that almost every week we come across a new report bashing Tesco. Last week it was a Phoenix union crying foul on the British retailer, and this week it’s a politician accusing Tesco of “predatory” prices. According to the Telegraph.co.uk, former conservative minister Sir John Nott, known for serving as Defense Minister under Margaret Thatcher, has written a letter to the Competition Commission calling for Tesco to be broken up.

"In my view the supermarket chain [Tesco] has to be broken up. It is utterly detrimental to the wider health of consumers, producers and the environment for this situation to continue," wrote John.

It remains to be seen if anything will actually come of the letter, because for every one person that dislikes Tesco, there are hundreds that would happily vouch for the company.

In the meantime, the Commission is expected to publish its provisional findings in June, according to The Telegraph.