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Birmingham Post
Birmingham Post
Business
Hannah Finch

McColl's rescue deal by Morrisons investigated by competitions watchdog

The rescue deal by Morrisons of troubled retailer McColl's is being investigated by the Competitions and Markets Authority (CMA).

The CMA has confirmed that it has launched the inquiry, issuing an initial enforcement order, over concerns that it lessens competition in the UK.

It means that while the investigation is underway, Morrisons and McColl's must compete as usual with no integration of the two businesses.

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