Tesco is at loggerheads with regulators again - this time over the acquisition of five Somerfield stores. The Times
The Office of Fair Trading has invited rival supermarkets to comment on the retailer’s plans to buy stores in Thurso, Bedlington, Little Lever and Ramsbottom - all in the north of England - and North Hykeham in Lincolnshire, which could prompt an investigation at each store.
Tesco is already the main target of a Competition Commission investigation into the power of the supermarkets, which is to report next month.
And last week, the Competition Commission said it had provisionally found that Tesco’s acquisition of a former Co-op store in Slough had reduced competition in the area.
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