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Well personally, near me I have two small supermarkets, one is an independent, and next door is a Co-Op. The Co-Op store is done out better, but the staff move like snails. The queues in that shop put me off all the time, and its not just one member of staff, its the lot, slow as hell.
Anyways, putting that aside for one minute, I don't believe this is great for us (us being UK PLC), because now we've just lost a competitor, a company which before forced the Co-Op to compete on price and service - and now doesn't.
What we have is an Oligopoly, which means prices don't become competitive, but stabilise as all competitors can see what eachother are doing - which is very easy if there is only a few players in the market.
And its not just in supermarkets, but loads of markets. All over we need more competition, not less.
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