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Merger of Edeka, Kaiser’s Tengelmann blocked in Germany

( April 1, 2015, 10:14 GMT | Official Statement) -- MLex Summary: The German competition authority has blocked plans by supermarket chain Edeka to acquire 450 stores from Tengelmann. The regulator said the transaction would lead to a “significant worsening of competition” on highly concentrated regional markets in Berlin, Munich, Oberbayern and North-Rhine Westfalia.Bundeskartellamt untersagt Übernahme von Kaiser’s Tengelmann durch EDEKA...

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