Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

In the News

Poundland and 99p Stores Set to Merge

Geoff Riley

27th August 2015

Share this content:

A classic example of horizontal integration, and in this instance, although market concentration has increased, the Competition and Markets Authority (CMA) doesn't believe that any merger will have detrimental effects upon consumer welfare.On 25 August 2015 the CMA provisionally cleared Poundland Group plc’s anticipated acquisition of 99p Stores Ltd.

Why? The level of competition among all sorts of retailers, including supermarkets who occupy this space in the market. You can download the report here https://assets.digital.cabinet-office.gov.uk/media... and read more about the merger from City AM http://www.cityam.com/223008/poundland-gets-greenl...

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.