Morrisons’ takeover by a private equity firm could lead to higher petrol prices in more than 100 locations.
The UK competition regulator has warned that private equity firm Clayton, Dubilier & Rice's (CD&R) £7billion acquisition of Morrisons could lead to higher fuel prices in 121 locations across the UK.
In January, the Competition and Markets Authority (CMA) launched an investigation into the supermarket takeover but it has now said it could pursue a deeper probe if these concerns are not addressed.
