Saturday, January 14, 2017

Trade: From Kaiser’s Tengelmann: fear of higher prices – ONLINE

Berlin (dpa) – competition experts have again pointed out to the fact that consumers are threatening to the From of the supermarket chain Kaiser’s Tengelmann higher prices.

“From a competitive point of view, it is a little gratifying that the Kaiser’s Tengelmann were divided branches among the two largest food retailers, Edeka and Rewe,” said the President of the Federal cartel office, Andreas Mundt, the “daily mirror”.

“For consumers, an important selection and alternative is in some regions, e.g. in Berlin or Munich.” Also, the former Chairman of the monopolies Commission, Daniel Zimmer, sees disadvantages for the customer. “In many Berlin districts, the branches of Kaiser’s and Rewe or Edeka are only a few hundred meters away. The customer must expect that the prices are on the rise.”

The Federal cartel office had already warned at the beginning of the struggle for the future of Kaiser’s Tengelmann less competition and rising prices in the food trade. The story of Kaiser’s Tengelmann as a self-employed supermarket chain had gone to the beginning of the year to the end. The remaining 400 branches of the tradition-rich trading company were taken over by Germany’s largest food retailer Edeka. Edeka will then extend to the end of March, step 60 branches – mainly in the Berlin manner – the competitor Rewe. A long struggle had gone.

Not only the customers, the suppliers would have to fear any disadvantages, said Mundt, the newspaper said. “Since the concentration at the retail level continues to progress, there is certainly the complaints of the manufacturers, the great merchants’ negotiating power, not less.”


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