2. Local stores/utility outlets close due to competition.[*]
3. Tesco takes over banking, food sales, rentals, insurance, logistics (the core supermarket chain value proposition) and end up running the rural postal service on the back of their delivery network ...
4. Sooner or later, someone in government realizes that Tesco are the only viable community hub in many villages/suburbs/towns and imposes a universal service obligation.
5. Tesco, lumbered with having to provide these services, goes into receivership.
6. Nationalization and resurrection.
7. (Some time later ...) The wheel turns.
Can I have a cookie, please?
[*] Let's note in passing that WalMart (aka Asda) went whining to the competition commission about unfair competition from Tesco. If that isn't a sign of the Beast, what is?
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Date: 2010-09-03 12:24 pm (UTC)2. Local stores/utility outlets close due to competition.[*]
3. Tesco takes over banking, food sales, rentals, insurance, logistics (the core supermarket chain value proposition) and end up running the rural postal service on the back of their delivery network ...
4. Sooner or later, someone in government realizes that Tesco are the only viable community hub in many villages/suburbs/towns and imposes a universal service obligation.
5. Tesco, lumbered with having to provide these services, goes into receivership.
6. Nationalization and resurrection.
7. (Some time later ...) The wheel turns.
Can I have a cookie, please?
[*] Let's note in passing that WalMart (aka Asda) went whining to the competition commission about unfair competition from Tesco. If that isn't a sign of the Beast, what is?