The UK’s Office of Fair Trading (OFT) has confirmed it is investigating whether Diageo’s purchase of a major stake in United Spirits, the parent company of Scotch whisky producer Whyte & Mackay, will harm competiton in the UK spirits market.
UK: OFT has 40 days to probe Diageo’s Whyte & Mackay control
The UK's Office of Fair Trading (OFT) has confirmed it is investigating whether Diageo's United Spirits deal, giving it control of Scotch producer Whyte & Mackay, will harm competition in the UK market.