The merger between Sainsbury’s and Asda has been torpedoed by Britain’s competition watchdog, which said the £7bn deal threatened to push up prices and reduce the choice and quality of products on sale.
I guess you're not in the money Mike Coupe hahaha
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Sainsbury's Asda merger BLOCKED: Competitions authority stop £12BN supermarket dealSAINSBURY'S £12billion merger with supermarket Asda has been blocked by the Competition and Markets Authority (CMA).
Source: Daily Express - 🏆 26. / 68 Read more »
Sainsbury's and Asda merger blocked by competition watchdogThe competition watchdog has blocked Sainsbury's and Asda's £10bn merger after finding it would lead to increased prices in stores, online and across petrol stations. Good telebusiness Ok never really believed Coupe’s marketing talk about this being good for consumers. However why does the cma not break up Tesco if it has such issues with one supermarket having over 30% market share? So, now both businesses will start to shed jobs and make other cost savings...albeit on their own
Source: The Telegraph - 🏆 41. / 63 Read more »
Competition watchdog blocks Sainsburys and Asda merger - business liveRolling coverage of the latest economic and financial news Thank goodness for this decision for us Joe/Jo public! There proposed merged name ‘ ‘AsdaBury’ was also never going to be a popular one was it... Sainsbury’s can do better ...
Source: The Guardian - 🏆 84. / 53 Read more »
Sainsbury's/Asda mega merger is formally blocked by CMARegulators cast aside assurances from the pair over the tie-up, ruling it would lead to a series of increased prices for shoppers. Great news, this would have been a disaster for suppliers. I am like your boss daughter, Chloe and Grace Murdoch. I am a Head of State. I am the new Queen of England. Queen Elizabeth II too old to held a job as Queen. Ask Queen Elizabeth II to abdicate. I am going to preach Bible to Israel, England and other country. Obey Me, I am going to give England a place in Kingdom of Heaven. Use Bible Verse and People Power to make me Queen of England. Dont be disobedience to me, you can be exile to hell. Ask Prince William or someone to bring me to London from Jakarta, Indonesia.
Source: SkyNews - 🏆 35. / 67 Read more »
Sainsbury’s £12billion merger with Asda blocked over fears it will drive up prices for shoppersA TIE-UP between Asda and Sainsbury’s has been blocked at the final hurdle amid fears it will push up prices for shoppers. The Competition and Markets Authority (CMA) warns that a merger woul… torys hate poor humans no bus shelters in east devon for poor but bus shelters and seats for rich ,east devon evil no prices fall mrs may evil Disgrace!
Source: TheSun - 🏆 64. / 61 Read more »
Sainsbury's-Asda merger blockedA merger between the supermarkets would be bad for consumers, says UK competition watchdog. Sansa Bury just put you on her list 🤣 Good news as prices would have gone up had Sainsbury’s got their way! Sainsbury’s = high prices but average quality at best Surely the logic of this decision should lead to a forced split of Tesco into two competing supermarkets? Tescome and Tesgo anyone? Or how about Tessco and Claudiaco? It's early and I'm bored.....
Source: BBCNews - 🏆 3. / 97 Read more »