A PYMNTS Company

UK: Electronics retailer challenges CompCom inaction

By  |  February 4, 2014

Upcoming electronic retailer Lewisons has launched onto the UK market with vows to break the status quo and “monopoly” held by Dixons, which currently dominates the industry.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    In a statement published on the company’s new website, Lewisons noted that Dixons parent company DSG holds a market share of at least 40 percent, a share that is 15 percent more than the UK Competition Commission’s definition of a monopoly. Further, the company said that if the Commission is not to challenge that dominance, “Lewisons will.”

    Reports say, however, that Dixons currently holds a share of about 22 percent of the electronics retailing market.

    Full Content: PCR Online

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.