Tesco Opticians and Vision Express merger will not face further investigation – Bridgwater Mercury

In a statement, the CMA said: “The merger between Vision Express (UK) Limited and Tesco Opticians will therefore not be referred to Phase 2 and the undertakings which have been signed by Vision Express (UK) Limited will come into effect from this date.”

It said Barrow-in-Furness in Cumbria, Helston in Cornwall, and Ryde on the Isle of Wight were all areas where Vision Express would not have enough competition.

It comes after the CMA provisionally accepted Tesco’s £3.7 billion takeover of wholesale group Booker on Tuesday.

However, the CMA went on to pinpoint three locations where the move would result in a worse deal for customers.

The move would see Vision Express run the opticians based in 206 Tesco stores across the UK and three in Ireland, with around 1,500 staff keeping their jobs.

The watchdog announced in August that it would launch a Phase 1 merger inquiry into the sale of more than 200 Tesco Opticians outlets to Vision Express in an effort to pinpoint whether the deal would result in “a substantial lessening of competition”.

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