By  on March 14, 2013

PARIS — The French Competition Authority is taking a closer look at a deal inked by French department store group Galeries Lafayette and French retail group Casino, which would give sole control of Monoprix, the groups’ joint venture, to Casino.

The authority expressed “serious concerns that [the transaction] will harm competition” and announced“the opening of an in-depth examination,” which would take at least 65 business days.

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