Archive of all Competition and Markets Authority articles – Page 9
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NewsMorrisons sales slump amid ‘very challenging’ trading environment
An update to investors for the 13 weeks ended 1 May revealed a 6.4% decline in like-for-like sales in the second quarter
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NewsAscona Group calls for 20p per litre cut in fuel duty amid soaring pump prices
Writing a blog yesterday, Ascona Group CEO Darren Briggs said “unprecedented increases” in pump prices were stopping independent forecourt retailers from remaining competitive with the mults
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NewsTime to tackle cost of living crisis, says Potts, as £7bn Morrisons takeover clears final hurdle
The Competition & Markets Authority announced today the deal was clear to proceed
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NewsCMA warns of higher prices for Jus-Rol following Cérélia takeover
The Competition & Markets Authority raised its concerns following a three-month phase 1 investigation into the deal launched in February.
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Comment & OpinionMcColl’s has been saved, but the real work starts now for Morrisons
The Morrisons deal appears to secure the immediate future of McColl’s stores, the jobs of its 16,000 employees and its pension fund, but business as usual is not an option if it wants to make it work long term
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NewsMorrisons takeover set to clear final hurdle after CMA accepts forecourt disposal plan
CD&R has offered to divest 87 of MFG’s petrol stations to “a purchaser or purchasers to be approved by the CMA”.
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Comment & OpinionMorrisons’ results put CD&R under pressure with refinancing mission
Clayton Dubilier & Rice must show they can invest enough to stop the retailer being left behind by its rivals
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NewsMorrisons new owners look to speed up refinancing despite profits warning
Sources said despite the gloomy predictions in the update given yesterday, it had “cleared the way” for CD&R to seek bank support to refinance more than £6bn of short-term borrowing
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NewsMedina-Freshways merger approval welcomed by both dairy processors
The CMA suggested Medina would have struggled to continue trading if the merger could not proceed
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NewsCMA gives Boparan green light for Banham Poultry acquisition
After taking a closer look at the transaction and launching a phase 1 inquiry in January, the Competition & Markets Authority (CMA) cleared the deal.
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NewsMedia Bites 25 March: Boots, Holland & Barrett, Ocado, Morrisons, McColl's
Apollo Global Management, the New York-based buyout giant, is lining up banks to fund a £6bn tilt to buy Boots, according to reports this morning.
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NewsMorrisons takeover risks higher fuel prices, finds competition watchdog probe
CD&R, owner of the Motor Fuel Group now has five days to offer concessions to the CMA
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NewsCity snapshot: Ocado retail sales slow as shoppers return to pre-pandemic habits
Retail revenues at Ocado slowed by 5.7% in the first quarter of its financial year as shopping habits returned backed towards pre-pandemic levels. Plus, Deliveroo losses top £300m as it invests in growth and all the latest news from the City.
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Analysis & FeaturesWhat’s gone wrong for McColl’s? And what are its next steps?
The pandemic convenience boom enjoyed by its rivals seems to have missed McColl’s out. Can its Morrisons Daily conversions save the day?
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NewsCMA lifts enforcement order on Freshways-Medina merger
The CMA started investigating the long-awaited merger of the two mid-market processors last summer
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Comment & OpinionWho will buy the McColl’s stores if it goes under?
You would think the Issa brothers have enough to digest on their plate for the time being
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NewsGCA Mark White urges Amazon suppliers to come forward with GSCOP issues
Last month the Competition & Markets Authority (CMA) decided to designate Amazon under GSCOP
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Comment & OpinionWhy GSCOP could be positive for Amazon as well as its vendors
GSCOP rules are great news for Amazon’s grocery vendors and in time will be great news for Amazon itself, says Paul Adams, CEO of Tambo
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Analysis & FeaturesWill GSCOP stop the CRAP Amazon suppliers face?
Suppliers fear being deemed CRAP, standing for ‘cannot realise any profit’
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Comment & OpinionGSCOP policing of Amazon is a huge moment… and long overdue
The Code will force Amazon to be more open, while suppliers will have a vehicle to make their grievances known