A merger of the UK’s two largest scampi suppliers could ultimately push up prices for UK pubs and restaurants, the competition watchdog has said.
Whitby Seafoods is currently the largest UK supplier of breaded scampi to customers including pubs, restaurants, and fish and chip shops, holding a market share of about 90%.Whitby Seafoods voluntarily notified the CMA when it agreed to buy Kilhorne Bay Seafoods in May.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Merger could push up scampi prices in UK pubs and restaurants, CMA findsThe merger of the UK’s two largest suppliers could mean higher prices in fish and chip shops, pubs and restaurants, a watchdog has said.
Source: Observer_Owl - 🏆 18. / 72 Read more »
UK IaaS market faces deeper probe by competition regulatorOfcom to refer findings to CMA – which insiders say will home in on egress fees, interoperability and licensing
Source: TheRegister - 🏆 67. / 61 Read more »
Food & Beverage M&A activity rises but absence in middle to higher market deals remainsMerger and Acquisition (M&A) activity in the food and beverage sector has risen 68.2 per cent between May and August, according to a new report from corporate finance house, Oghma Partners.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »