Britain's biggest supermarket Tesco last week agreed to a 3.7 billion pound ($4.6 billion) cash and shares takeover of Booker, the country's largest wholesaler, that would increase its dominance of a 195 billion pound food market.
The deal was welcomed by investors with Tesco and Booker's shares soaring 9 percent and 16 percent, respectively.
However, the transaction will face scrutiny from competition authorities as it will add to Tesco's more than 28 percent share of the overall U.K. grocery market, and more specifically, its influence in the convenience, confectionery and tobacco markets.
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