Competition and Markets Authority to investigate pie merger

The CMA Competition and Markets Authority (CMA) is launching an investigation into Pork Farms' acquisition of the chilled savoury pastries division of Kerry Foods, both of which supply supermarkets with own-label snacks. The CMA fears that the merger will lead to an unacceptable concentration of market power giving the enlarged firm the chance to raise prices for consumers. Read more here: http://www.theguardian.com/business/2014/dec/17/po...