The entrance of a Tesco Lotus store in Bangkok, Thailand. Photo: Reuters The entrance of a Tesco Lotus store in Bangkok, Thailand. Photo: Reuters
The entrance of a Tesco Lotus store in Bangkok, Thailand. Photo: Reuters
Thailand

Why CP Group’s US$10 billion Tesco deal has Thai traders up in arms

  • Critics say the deal is emblematic of how competition is diminishing in Thailand’s increasingly monopolistic retail sector
  • As one small businessman puts it, ‘the poor cannot stop the rich’

Topic |   Thailand
The entrance of a Tesco Lotus store in Bangkok, Thailand. Photo: Reuters The entrance of a Tesco Lotus store in Bangkok, Thailand. Photo: Reuters
The entrance of a Tesco Lotus store in Bangkok, Thailand. Photo: Reuters
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