The Office of Fair Trading has decided not to investigate the purchase of Plymouth Citybus by Go Ahead Group.
Go Ahead expanded bought the 180-vehicle business from its council owners late last year.
The council-owned firm was put up for sale at the start of 2009 and Go Ahead faced stiff competition from Stagecoach to acquire the business. Plymouth City Council, which received £20m for the business, has faced stiff opposition to the sale from transport unions and local residents.
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