UK suppliers believe British supermarkets "too powerful"

Well, this is a shock. UK suppliers believe supermarkets there wield too much power. From the BBC report:


The report by Grant Thornton says 25% of suppliers have had an order greatly reduced or cancelled by supermarkets at short notice, without compensation.
Around 80% expect more supply firms to go bust, with over half of those blaming the supermarkets. But the British Retail Consortium says competition and rising costs are also causing hardship among suppliers.
The survey from the accountancy firm reveals 80% of food suppliers say supermarkets are too powerful.
'Unreasonable practices'
It suggests two-thirds of suppliers do not have formal contract terms with supermarkets, which can result in last-minute changes and complications.
A fifth of all suppliers also said supermarkets have extended the time they take to pay up, while almost 80% of suppliers said they had been put under pressure to lower prices.
Grant Thornton says while supermarkets in most cases behave as any reputable business would, unreasonable practices do occur, putting a financial strain on suppliers.
Defending the supermarkets, the British Retail Consortium says the report mentions other factors causing hardship to suppliers.
And it also points to the current Competition Commission investigation into supermarkets, which it says has so far found no evidence of market abuse.

TK: While there has been consolidation resulting from the concentration of retail power, suppliers in the U.S. and the U.K. face other significant challenges beyond supermarket abuse of power. Increasing regulation of food safety, air quality, chemical use, labor law and aspects of the environment at the grower/shipper level may be an equally forceful reason for supplier consolidation in the years ahead.