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.
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
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