I recall many years ago Carrefour had a sales promotion of Knife Brand cooking oil. They had tagged the price below their cost for the promo. NTUC was clearly very unhappy and twisted the arm of the cooking oil supplier to collect the product from their supermarket shelves. This is unfair practice, but NTUC used its political clout to make this happen. Is it illegal to sell below cost? Certainly not.
Another story. My neighbourhood has a small wet market. The owner of the premise vacated all the vendors saying that the placed was going to acquired by the gahment. Months later the NTUC Fairprice sets up shop at the vacated lot. Fair competition? Certainly not.
This gahment tries to own the lucrative businesses in the land so that loyal lackeys helming these businesses are well rewarded.
Another story. My neighbourhood has a small wet market. The owner of the premise vacated all the vendors saying that the placed was going to acquired by the gahment. Months later the NTUC Fairprice sets up shop at the vacated lot. Fair competition? Certainly not.
This gahment tries to own the lucrative businesses in the land so that loyal lackeys helming these businesses are well rewarded.
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