Archive of all Competition and Markets Authority articles – Page 9
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Comment & Opinion
Can Deliveroo find a way through its ‘headwinds’ to deliver on profitability?
The delivery giant has downgraded its sales forecasts, prompting another fall in its share prices
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News
Media Bites 14 July: Wetherspoons, Tesco, inflation
A trading update from pub operator JD Wetherspoon is the main retail news in the papers this morning.
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News
CMA launches probe into Morrisons’ takeover of McColl’s
‘Phase one’ investigation is launched today following an initial enforcement order in May
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News
Morrisons 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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News
Ascona 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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News
Time 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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News
CMA 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 & Opinion
McColl’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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News
Morrisons 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 & Opinion
Morrisons’ 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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News
Morrisons 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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News
Medina-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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News
CMA 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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News
Media 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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News
Morrisons 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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News
City 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 & Features
What’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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News
CMA 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 & Opinion
Who 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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News
GCA Mark White urges Amazon suppliers to come forward with GSCOP issues
Last month the Competition & Markets Authority (CMA) decided to designate Amazon under GSCOP