The cartel office fears that Edeka and its rival Rewe, besides their discounters Netto and Penny, would remain as the only retail chains in many municipalities. With such limited competition, there's a real danger of the two companies raising their prices for consumers without having to make explicit arrangements, according to the cartel office.
Cartel office objects to Tengelmann takeover by Edeka
The cartel office fears that Edeka and its rival Rewe, besides their discounters Netto and Penny, would remain as the only retail chains in many municipalities. With such limited competition, there's a real danger of the two companies raising their prices for consumers without having to make explicit arrangements, according to the cartel office.