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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.

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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