Asda and EG Group

(asked on 28th April 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether she has had discussions with the Competition and Markets Authority on a potential merger between ASDA and EG Group.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 12th May 2023

Under competition law, the independent Competition and Markets Authority (CMA) is responsible for investigating the impact of mergers and acquisitions on competition. The Secretary of State for Business and Trade is therefore not involved with specific cases. The Government has ensured that the CMA has significant powers and expertise to investigate the benefits and risks of mergers in relation to competition within the UK.

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