Sainsbury’s and Asda merger blocked

Sainsbury’s and Asda merger blocked

The proposed merger between Sainsbury’s and Asda has been blocked outright by the Competitions and Markets Authority (CMA). The CMA’s judgement concludes the deal would be bad news for consumers. Stuart McIntosh, chair of the inquiry group, said: “It’s our...
Sainsbury’s and Asda merger blocked

Sainsbury’s-Asda merge at risk

The Competition and Markets Authority (CMA) has found that the proposed deal between Sainsbury’s/Asda could lead to a worse experience for shoppers across the UK. This is said to be through higher prices, a poorer shopping experience, and reductions in the range and...