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Breakingviews - Kraft has secret sauce in UK grocer food fight
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Baked beans are a potent weapon in a food fight. Supermarkets like Britain's Tesco are yanking Kraft Heinz favourites like ketchup and canned vegetables over “unjustifiable” price hikes. The $47 billion U.S. company's meatier margins make it a target for consumers and politicians trying to rein in soaring living costs. But in reducing its choices on offer, Tesco may be yielding ground to Amazon.com and cut-price rivals like Lidl and Aldi.
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