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GovernmentHigh StreetSupermarkets

Business committee chair questions CMA investigative takeover powers

It follows the recent purchase of Asda using ‘significant amounts’ of debt and the increased interest from private equity companies in British supermarkets

The chair of the Business, Energy and Industrial Strategy Committee, Darren Jones, has written to the Competition and Markets Authority (CMA) in relation to their powers to investigate takeovers.

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