King Power’s duty free monopoly under review

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King Power’s duty free monopoly under review

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King Power Duty Free’s monopoly of duty free concessions at some of Thailand’s busiest airports may be coming to an end. The Thai PM has warned against the “monopolisation” of the country’s airport duty free sector ordering a review of the auctioning process that could threaten the multi-billion-dollar empire of current concession holder King Power. Thailand expects to welcome over 40 million foreign visitors this year, mostly through its airports which rake in an estimated US$1.9 billion a year in duty free sales

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King Power’s duty free monopoly under review

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