n Local and national competition issues cannot be completely separated. "They are now joined at the hip," one retailer is reported as saying. Bad news for all
n The Commission's initial analysis of fascias suggests the market is already highly concentrated at both national and local levels bad news for all those retailers circling Safeway
n But Morrisons cheers as Commission says its merger plan could be pro-competition
n Safeway is not a failing firm and might be able to prosper alone if other retailers prevented from bidding, says the Commission. Fantastic news for Philip Green
n Other remedies could include closely controlled divestment of stores which could be a nightmare for the big three
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