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CMA launches investigation into Diageo’s purchase of Chase Distillery

The merger could generate a substantial reduction in competition

The UK’s Competition and Markets Authority (CMA) has launched an inquiry into Diageo’s purchase of British gin and vodka maker, Chase Distillery, due to competition concerns. Diageo’s agreement to purchase Chase Distillery for an undisclosed sum was initially announced in October 2020. Chase Distillery’s spirits portfolio is composed of seven gins, four vodkas and an elderflower liqueur, and Diageo...

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