Competition Commission outlines wide-ranging investigation

<p>The Competition Commission has outlined a wide-ranging investigation into the proposed merger of HMV's Waterstone's with rival chain Ottakar's. The CC said that its inquiry team intended to look into whether the merger would result in increased pressure on publishers, whether it could lead to a reduction in the number of independent book retailers, and what effects the merger would have on the price of books and the range of books offered by publishers. The team will also look into what would happen in the absence of the proposed merger, including whether Ottakar's would be able to remai...

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