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flag UK regulators are probing Aviva's £3.7 billion takeover of Direct Line for potential harm to competition.

flag The UK's Competition and Markets Authority (CMA) has begun investigating Aviva's £3.7 billion takeover of Direct Line to assess if it could reduce competition in the insurance sector. flag The watchdog will gather comments from interested parties until May 29 and report its findings by July 10. flag The combined group would control over 20% of the UK insurance market, raising concerns about potential job cuts and higher prices for consumers.

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