CMA raises spectre of grocery price intervention ahead of food summit

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The competition watchdog has announced an investigation into possible weakening of competition in grocery pricing, ahead of a meeting with retailers, suppliers and government.

The Competition and Markets Authority (CMA) said while it had not seen evidence pointing to specific competition concerns in the grocery sector “at this stage”, it would be undertaking an investigation as it was “important to be sure that weak competition is not adding to the problems”.

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