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CTC approves takeover of Lobels

Almot MaqoloSTAFF WRITER REGULATORS have approved Mega Market’s full takeover of iconic baker Lobels, imposing strict conditions to prevent a monopoly over the country’s flour and bread markets.The ruling forms part of the Competition and Tariff Commission (CTC)’s latest batch of merger decisions for the period.The commission noted that the transaction is a vertical merger…

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