The CMA noted the loss of competition between the parties could mean consumers would see fewer discounts, a lower quality of customer service and less choice online and in-store. The regulator further found no evidence that the impact of the COVID-19 pandemic would remove its competition concerns.
Also in this newsletter
- China’s SAMR’s evolving variable interest equity policy
- European Commission adopts second amendment to extend the scope of the State aid Temporary Framework for COVID-19 aid
- CMA issues statement on consumer protection law in relation to cancellations and refunds complaints during the health crisis