Fuel prices, already at record levels, could be pushed higher in 121 locations across the UK as a result of the £7bn takeover of Morrisons by a US private equity firm, the consumer watchdog has said.
The Competition and Markets Authority opened an investigation in January into the supermarket chain’s takeover by Clayton, Dubilier & Rice (CD&R), examining matters including a potential lessening in competition between petrol forecourts.
