Thursday, February 4, 2010

Retail Competition And Protectionism

Comment from a reader on "Super Retailers Required In The Philippines":

We have one already, "SM Hypermarket", it's in the Clark SM Mall, and elsewhere I suppose. If you don't read the sign as you come in you'll think your in a Super Wal-mart. Chance it!

[The Subic Bulletin] Although SM does bring a large variety of items into the reach of Filipinos there is no substitute for the competition driven market that comes from having international operators. But that's life in the Philippines where the big money families control the government to legislate in favor of protectionism.

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