A PYMNTS Company

Finland: Retail conglomerates fight grocery trade legislation changes

By  |  October 23, 2012

SOK and Kesko, close competitors in the Finnish grocery retail market, are contesting amendments proposed by the Ministry of Employment and the Economy to grocery trade laws, arguing that the changes would restrict competition and increase prices. The Ministry has proposed a defined dominant market position as having 30 percent market share; both SOK and Kesko meet this criterion. A statement made by an SOK representative questions the motives of the Ministry, arguing that Finnish food “is already heavily taxed” and these amendments would only worsen the situation.

    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.

    Full Content: Helsingin Sanomat

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Related Content: Watchdog defends duopoly on food prices

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