In the UK, This Is Money reports that a new policy of full disclosure implemented by Amazon has revealed that a company called Oakwood Distribution selling products on Amazon’s website actually is a division of Tesco - and is undercutting Tesco’s own site on price.
According to the story, “Critics have accused Tesco of using a different company name to masquerade as a small business on Amazon, claiming this allows it to slip under the radar of consumers who actively choose not to buy from Tesco.”
But Tesco has responded with a statement saying that “it is public knowledge that Oakwood is part of Tesco. Where we have excess stock it is sold competitively through third-party marketplaces. Many customers prefer to shop direct with Tesco for additional benefits.”
According to the story, “Critics have accused Tesco of using a different company name to masquerade as a small business on Amazon, claiming this allows it to slip under the radar of consumers who actively choose not to buy from Tesco.”
But Tesco has responded with a statement saying that “it is public knowledge that Oakwood is part of Tesco. Where we have excess stock it is sold competitively through third-party marketplaces. Many customers prefer to shop direct with Tesco for additional benefits.”
- KC's View:
- Oops.
