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Topps Tiles-CTD Tiles deal may need deeper probe, UK antitrust regulator says

( February 17, 2025, 07:38 GMT | Official Statement) -- MLex Summary: Topps Tiles' buyout of assets of CTD Tiles could reduce competition and product choice for customers in parts of England and Scotland, the UK antitrust regulator said following an initial phase I review. The Competition and Markets Authority will undertake a deeper phase II investigation if the parties do not offer remedies to ease the antitrust concerns by Feb. 24.The statement follows:...

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