Abstract
Founded in 1924, Tesco is the largest supermarket chain in Great Britain and one of the most profitable organization, which sells food and non-food items. It now controls just over 30% of the grocery market in the UK. In 2007, it announced over £2.55 billion in profits. It has approximately 1880 sale points throughout United-Kingdom, which include: Extras stores, Superstores, Metro stores and Express stores. In recent years it has diversified its business. It sells non-food products, such as textiles, pharmaceuticals, information technology, optics, video TV, household travel etc. It offers also several financial services which includes insurance, loans, savings, credit cards. The Competition Commission is an independent public body which investigates the market and resolves the problems. If the merger of two companies allows them to hold more than 25 % of market shares it can turn out anticompetitive.
