UK To Probe Merger Of Frozen Meal Giants

Law360, New York (July 12, 2011, 1:02 PM EDT) -- The UK’s consumer and competition watchdog on Tuesday ordered a full investigation into Kerry Foods Ltd.’s January acquisition of Headland Foods Ltd. amid concerns that the takeover had harmed competition in the frozen meals market.

The Office of Fair Trading referred the completed merger of the frozen meal manufacturers to the Competition Commission, raising the prospect of divestiture or other regulatory action to check Kerry’s market dominance, according to a press release.

The OFT concluded that the price increases following the merger could not be wholly...
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