CMA has released provisional findings on the proposed merger between Sainsbury’s and Asda, which states that the deal could: 1) push-up the prices and worsen the experience for in-store and online shoppers, 2) lead to a reduction in range and quality of products offered, and 3) the prices could also rise at a large number of Sainsbury’s and Asda petrol stations. The potential options set out by the UK regulator include blocking the deal altogether or requiring the merging companie
21 Feb 2019
Check-mate for Sainsbury’s?
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Check-mate for Sainsbury’s?
J Sainsbury plc (SBRY:LON) | 268 24.1 3.5% | Mkt Cap: 6,369m
- Published:
21 Feb 2019 -
Author:
Nishant Choudhary -
Pages:
3
CMA has released provisional findings on the proposed merger between Sainsbury’s and Asda, which states that the deal could: 1) push-up the prices and worsen the experience for in-store and online shoppers, 2) lead to a reduction in range and quality of products offered, and 3) the prices could also rise at a large number of Sainsbury’s and Asda petrol stations. The potential options set out by the UK regulator include blocking the deal altogether or requiring the merging companie