Reuters logo
BRIEF-UK's CMA flags concerns over Tesco Opticians,Vision Express deal
September 28, 2017 / 8:17 AM / 24 days ago

BRIEF-UK's CMA flags concerns over Tesco Opticians,Vision Express deal

Sept 28 (Reuters) - UK’s Competition and Markets Authority:

* UK‘S CMA SAYS HAS FOUND THAT PLANNED PURCHASE OF TESCO OPTICIANS BY VISION EXPRESS COULD RESULT IN SUBSTANTIAL LESSENING OF COMPETITION IN 3 LOCAL AREAS

* UK‘S CMA SAYS VISION EXPRESS NOW HAS THE OPPORTUNITY TO OFFER UNDERTAKINGS TO ADDRESS THE COMPETITION CONCERNS IDENTIFIED

* UK'S CMA- MERGER WILL BE REFERRED FOR A PHASE 2 INVESTIGATION UNLESS THE PARTIES OFFER ACCEPTABLE UNDERTAKINGS TO ADDRESS THESE COMPETITION CONCERNS‍​ Source text for Eikon: (bit.ly/2k34ol0) (Bengaluru Newsroom: +91 80 6749 1136)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below