Europe

[Beskar]

ooh, a lesson in free market economics as 10:00am, i think you just answered your own dilemma.

Hah, fortunately, as Tesco has a monopoly on the British pound as in owning 1 in 5 (or was it 1 in 6) of every pound, it made sense due to having the cheaper gas got everyone to shop in Tesco', thus they made the money back from what they would have lost anyway.

Then this begs the question, because of the economics of scale that Tesco can muster, due to having virtual monopolies. Does this mean that monopolies is the solution, even though it will force more specific retailers out of business, simply because they cannot compete? And thus, by being a virtual monopoly, they are not infact a "freemarket enterprise" as in sugar mountain picture of Capitalism paints it as it would simply turn into a battle between big corperations and cartels, etc, not small business.

So yes, many lessons to be learnt.

Also, as this isn't happening in the Energy industry, it would never occur, as they artificially inflate the price since people need electricity, they aren't going to simply stop using it.