Friday, September 4, 2009

Untying the pub trade

Interesting article here examining what the pub trade would look like if the tie were to be abolished. Far from ushering in a brave new world for consumers, the author argues that in fact it would lead to more pub closures, less investment in pubs, higher prices, a reduction of choice and a greater concentration of the brewing industry. It would also, ironically, boost the pub companies’ profits.