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Evening Standard
Evening Standard
Business
Mark Banham

Morrisons buyout of McColl’s probed by watchdog

The rescue deal for McColl’s by Morrisons will now be investigated by the competition watchdog (McColl’s/PA)

(Picture: PA Media)

The Competition and Markets Authority (CMA) has launched an investigation into the rescue deal to save high street convenience retailer McColl’s by supermarket giant Morrisons.

It has confirmed that it has launched the inquiry by issuing an initial enforcement order addressing competition concerns in the UK retail sector.

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