The Bishop of St Albans received the following written answer on 9th May 2024:
The Lord Bishop of St Albans asked His Majesty’s Government:
- what assessment they have made of the impact of the Tesco-Booker merger on independent shopkeepers.
- whether they plan to make an assessment of the impact of the Tesco-Booker merger on rural small businesses, such as post offices and village stores.
- what assessment they have made of the impact of the changes recently introduced by Booker on independent retailers.
Lord Offord of Garvel (Con, DBT): Investigations into mergers and anti-competitive practices are the responsibility of the Competition and Markets Authority, the UK’s independent competition regulator.
I note that the CMA conducted an in-depth investigation into Tesco’s acquisition of Booker in 2017 and concluded that it did not raise competition concerns.
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