In the News
Information failure - supermarkets still offering dubious deals
Graham Watson
30th August 2019
Here is a timely example of how imperfect information reduces market efficiency and distorts markets, getting them acting in producers' and not consumers' best interests, by subverting consumer sovereignty. A new Which investigation appears to show many of the major UK supermarket chains offering misleading discounts and multi-buy deals to customers.
Supermarkets misleading shoppers with false savings – Which? https://t.co/WhZrG3MABg
— Guardian news (@guardiannews) August 28, 2019
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