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The Independent UK
The Independent UK
National
Holly Williams

Tie-up between Hotpoint and Beko businesses could harm competition – CMA

PA Archive

A planned tie-up between the electrical and white goods giants behind Hotpoint and Beko in Europe could reduce choice and increase prices for UK consumers, Britain’s competition watchdog has warned.

The Competition and Markets Authority (CMA) said it found competition concerns surrounding Turkish firm Arcelik’s takeover of Whirlpool’s European domestic appliances business.

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