McCormick’s $65 Billion Unilever Foods Merger Could Harm Competition, U.K. Regulator Warns

The U.K. competition regulator has warned that McCormick’s proposed $65 billion merger with Unilever’s foods business could harm competition. The Competition and Markets Authority’s concerns relate to the potential effects of combining the companies’ food brands and market positions. The warning is part of the regulator’s review of the proposed deal, not a final ruling blocking the merger. The companies’ transaction remains subject to the competition process.