The Competition and Markets Authority (CMA) has announced it is considering whether to investigate the £1.3bn acquisition by Stonegate Pub, which owns the Slug and Lettuce chain, of rival Ei Group – once known as Enterprise Inns.
The competition watchdog said it is “considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.”
The CMA is asking for comments from “interested parties”
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