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UK regulator probes ABF and Hovis merger over bread market competition concerns.
The UK Competition and Markets Authority (CMA) is investigating a proposed merger between ABF and Hovis, raising concerns about reduced competition in Northern Ireland’s bread market.
The watchdog fears the deal would leave the region with only two large bakeries, potentially allowing the combined company to control a majority of the pancake and soda farl market.
The CMA has given the companies until April 9 to address these concerns.
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El regulador del Reino Unido investiga la fusión de ABF y Hovis por preocupaciones sobre la competencia en el mercado del pan.