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The Independent UK
The Independent UK
National
Henry Saker-Clark

Morrisons takeover could see prices rise at dozens of petrol stations – watchdog

Morrisons CDR CMA MFG
PA Wire

The UK competition regulator has warned that private equity firm Clayton, Dubilier & Rice’s (CD&R) £7 billion takeover 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.

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