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Sainsbury's-Asda deal faces investigation

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idpickering
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Sainsbury's-Asda deal faces investigation

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Postby idpickering » September 19th, 2018, 7:24 am

The merger between supermarkets Sainsbury's and Asda is to be subjected to an in-depth competition investigation, it has been announced.

The Competition and Markets Authority said the tie-up "raises sufficient concerns to be referred for a more in-depth review".

The CMA had taken an initial review of the deal which was announced in April.

The supermarkets have said that grocery prices will fall in both chains as a result of the merger.



Full item here;

https://www.bbc.com/news/business-45571151

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