Tuesday, 16 August, 2011
Coop's refusal to sell pricey products justified, Zurich business prof says
Coop, Switzerland’s biggest retailer, says it refuses to sell 95 imported products because it has been unable to agree with distributors on a price reduction - which it believes is warranted given the high value of the franc. To find out if the move protects consumers from high prices or whether it is an abuse of market power, WRS’s Jo Fahy speaks to Roger Zäch from the University of Zurich, who says Coop’s move is justified given that products imported into Switzerland from Europe should be available at European prices:
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