Britain's competition regulator to probe Morrisons' purchase of McColls

MccollS Retail

13/07/2022 10:13

July 13 (Reuters) - Britain's antitrust watchdog said on
Wednesday it has started investigating if supermarket group
Morrisons' acquisition of certain assets of convenience store
chain McColl's  MCLSM.L  would lead to lesser competition.      
                                                                
                           
    The Competition and Markets Authority has set a deadline of
Sept. 8 for its initial decision.

    
    
    

 (Reporting by Muhammed Husain in Bengaluru;Editing by Arun
Koyyur)
 ((Muhammed.Husain@thomsonreuters.com;))