India to open market to global supermarket chains

Good example of how a Legal factor for an emerging market can lead to new International Strategies for existing players in this industry.

India to open market to global supermarket chains

India has approved long-awaited proposals to open up the retail market to global supermarket chains.
Food Minister KV Thomas said the cabinet has agreed to 51% foreign ownership of multi-brand retail stores, allowing groups like Wal-Mart and Tesco to open stores.

Read the whole article at: http://www.bbc.co.uk/news/world-asia-india-15869378

Product placement ban on British TV lifted

Interesting to follow the evolution of this Legal factor. Firstly, there was Economical pressures both at macro and micro level and then there is the Political as there was a clear indication in 2009 that a change in the Political Environment (government change) would change the Legal factors (see the FT article from 2009http://www.ft.com/cms/s/0/0fb9de6c-a15b-11de-a88d-00144feabdc0.html#axzz1FGxSQQOd).


Product placement ban on British TV lifted
A ban on product placement has been lifted, allowing advertisers to pay for their goods to be seen on British TV.
Paid-for references to products and services are now permitted for the first time in shows produced in the UK, including soaps and one-off dramas.

Read the whole article at http://www.bbc.co.uk/news/uk-12593061