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Finland: Retail conglomerates fight grocery trade legislation changes

 |  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.

Full Content: Helsingin Sanomat

Related Content: Watchdog defends duopoly on food prices

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