Showing 1-1 of 1 results
-
Tesco buyout gives CP undue power
News, Pavida Pananond, Published on 13/03/2020
ยป The recent announcement by Charoen Pokphand (CP) group to buy Tesco's operations in Thailand and Malaysia for US$10.6 billion (335 billion baht) marks the retreat of Western retailers' presence in much of Southeast Asia. For Thailand in particular, CP's Tesco buyout comes with added business significance and consumer risks because the giant agribusiness conglomerate will now have undue dominance directly over local supply chains and indirectly over consumer choice and benefit. In this case, it is imperative that Thailand's regulator, the Office of Trade Competition Commission (OTCC), take a hard and close look to make sure CP's good deal does not become a raw deal for local suppliers and Thais.
Your recent history
-
Recently searched
-
Recently viewed links
Did you find what you were looking for? Have you got some comments for us?
