Wal-Mart faces its biggest challenge the CAP

18 June 1999

Wal-Mart faces its biggest challenge — the CAP

A CONTRIBUTOR to the Financial Times takes an ironic line on the arrival of Wal-Mart in the UK via its purchase of the Asda supermarket chain.

He asks how US retail giant intends to introduce discounted food when faced with the restrictions of the European Unions Common Agricultural Policy.

• Wal-Mart plan a double-edged sword — claim, Farmers Weekly, today (18 June, 1999)
• Wal-Mart deal worth £80m to farmers, FWi, 16 June, 1999
• Financial Times 18/06/99 page 22