ASDA’s purchase of Co-op petrol stations could lead to higher prices, CMA finds

The Competition and Markets Authority (CMA) has poured cold water on a plan for ASDA to buy 132 Co-op petrol stations, finding the deal could lead to higher prices at 13 locations, including two in London.

The CMA said the deal “raises competition concerns” in 13 locations, including the Caledonian Road and East Peckham, where ASDA is already considered an “important option” for customers.