That this House notes that newsagents across the country, as represented by the National Federation of Retail Newsagents and the Association of News Retailers, have expressed serious concern about the recent consolidation of the newspaper and magazine distribution market and the likely emergence of two regional monopolies; values the important role of independent newsagents and is concerned that these changes in the market may force many to close, restricting consumer choice and harming local communities, as well as causing up to 2,800 job losses in news distribution branches across the UK; and calls on the Secretary of State for Business, Enterprise and Regulatory Reform to request that the Office of Fair Trading looks urgently at these recent developments in the distribution market and takes action to safeguard competition for the benefit of consumers, independent newsagents and distribution employees alike.