Competition Commission submissions
The Tesco submission says prices were falling while choice and quality and service levels were increasing, "Our leading position has been won through fair competitive rivalry," it added. "A willingness on our part to take greater risks ... has been a secret of our success over recent years". It insists that it does not have any "landbank", just a "pipeline" of properties in development and "there is nothing anti-competitive in acquiring or retaining a pipeline of land." It insists: "We do not engage in a spoiling game."
Tell that to the residents of Sheringham and they will laugh or possibly cry!