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Leading wholesalers oppose Booker-Tesco merger

Seven of the UK’s leading wholesalers have written a joint letter to the Competition and Markets Authority (CMA) urging it to block the Tesco-Booker merger.

Fonte: Talking Retail

The managing directors of Bestway, Bidfood, Confex UK, Landmark, Spar UK, Sugro UK and Today’s co-signed the letter, which was submitted to the CMA as part of its ongoing Phase 2 investigation.

The letter refutes the claim that Tesco’s acquisition of the Booker Group will enhance competition in the UK and promote consumer interests.

The group has told the CMA of the consequences if Booker acquires Tesco’s unrivalled power in grocery procurement, saying it would harm suppliers, and result in higher prices and less choice for independent retailers and consumers.

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