Asda gives chemists a new headache
Article Abstract:
Asda is seeking to charge lower prices for non-prescription drugs than is usual under a UK price maintenance system. The UK Office of Fair Trading is investigating the industry and deregulation could result. Asda holds a 3% stake in the non-prescription drugs market and aims to increase this. Food retailers are likely to drive down the price of non-prescroption products if pharmacists do not do so first, since this trend has been evident in a number of sectors such as books and spirit drinks.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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BT has Cable & Wireless in its sights, says city: one privatised telecoms operator is being stalked by another, according to the latest market rumour. Intense competition to build global telephone networks mean there's logic in the theory that BT is eyeing a bid for C&W
Article Abstract:
Many leading telecoms analysts believes that British Telecom is a strong candidate to bid for Cable & Wireless, along with Nynex of the US, Deutsche Telekom and Hanson. The purchase of C&W by BT would given them strength in markets such as Singapore and Hong Kong. C&W has an 80% share of Mercury Communications and a 57.5% share in Hong Kong Telecom.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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