Progress on CP-Tesco dealThe Trade Competition Commission is likely to rule on the CP-Tesco deal next month. According to Sakon Varunyuwatana, chairman of the Office of Trade Competition Commission (OTCC), his agency has made good progress in vetting the transaction, with an ad hoc committee established to consider the details. "The vetting committee and the office insist on carefully considering the deal in accordance with the scope of responsibilities, given that this deal is considered large-scale and vital to the country's overall retail market." "Currently we've started seeing direct express delivery services to buyers by some convenience stores," Mr Somchai said. "This practice has affected existing small-scale retail shops and may eventually lead some large retail groups to dominate the country's overall retail market."

Source: Bangkok Post September 12, 2020 00:11 UTC