SIR; John Fingleton’s remarks in your interview will dismay the wholesale industry because it looks as if he has already made up his mind to do nothing.
If you believe the UK grocery market is operating fairly, then these were just valid statements of textbook economics.
However, there is an unprecedented body of opinion, including the competition minister himself, that reckons something is seriously amiss.
The OFT’s new chief came closest to sensing the possibility of a problem when he recognised that if more than one in three independents were buying stock from supermarkets for resale, it “raised questions” about the supply chain.
His justification of the two-market definition, if that is what it was, completely ignored the most crucial aspect: the fact that however, and for