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Evening Standard
Evening Standard
Holly Williams

Co-op could face full-scale probe into Southern Co-op deal over competition fears

Co op Southern Co the Competition and Markets Authority CMA The Cooperative Group
The Co-operative Group’s planned takeover of rival Southern Co-op could face a full-scale investigation (Alamy/PA) -

The Co-operative Group’s planned takeover of rival Southern Co-op could face a full-scale investigation after the UK’s competition watchdog warned over the tie-up.

The Competition and Markets Authority (CMA) said the deal between the mutuals, which was announced in April, could “substantially” lessen competition in the sector.

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