Tesco merger with Booker gets provisional green light


 

Tesco’s £3.7bn merger with Booker has been given the provisional go ahead by the Competition and Markets Authority (CMA). The authority began investigating the merger of the UK’s largest grocery retailer and the UK’s largest grocery wholesaler in May to examine how it would affect competition. In a statement today, Simon Polito, chairman of the inquiry group, said: “Millions of people use their local supermarket or convenience store to buy their groceries or essentials. Strong competition in the market ensures […]