Morrisons eyes ‘swift conclusion’ to McColl’s acquisition following CMA investigation

McColl's Plymouth

Morrisons has welcomed the Competition and Markets Authority (CMA) finding that only a small number of local areas could face competition concerns from its acquisition of former convenience store chain McColl’s.

The CMA today concluded its first-phase investigation into the acquisition and found potential competition concerns in 35 sites, which it called “a small number of local areas”. 

The competition watchdog said that otherwise the proposed acquisition by Morrisons of McColl’s 1,100 convenience stores “would not harm the vast majority of shoppers or other businesses”.

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