Rejected petition Stop the Tesco acquisition (merger or takeover) of Booker Wholesale

Tesco's acquisition of Booker will remove thousands of jobs from the UK food supply chain. No company will be unaffected; Tesco and Booker themselves; suppliers of food, logistics, and suppliers to these suppliers; packaging, food ingredient, transport. Supplier margins will erode, jobs will go.

More details

The acquisition will in fact be paid for by Tesco/Booker combined Supplier base. Supply contracts will be re-negotiated, suppliers will have no choice but to reduce their margins (or lose their contracts). Margin cuts will be made by reducing head-counts, potentially reducing product ingredient quality, pack sizes and potentially the quality of food produced in the UK will suffer. New food products will find it harder to achieve a route-to-market. In the end, there will be less choice.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

This is the responsibility of the Competition and Markets Authority (CMA). It's been announced that the CMA will be looking into this.

You can find out more here:
https://www.gov.uk/government/organisations/competition-and-markets-authority

We only reject petitions that don’t meet the petition standards.

Date submitted 30 January 2017
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