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UK Competition Authority: OFT - Asda, Netto groceries merger, OFT seeks remedies

( September 23, 2010, 09:48 GMT | Official Statement) -- MLex Summary: Supermarket chain Asda has proposed to divest 47 Netto groceries stores in the UK in order to remove competition concerns expressed by the Office of Fair Trading in relation to the retail giant's intended acquisition of the smaller rival. The regulator is currently considering whether to accept these remedies.The full press release follows....

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