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Sainsbury's-Asda merger in doubt amid price rise concerns – business liveCompetition regulator finds merger could have an impact on choice and reduce quality Don’t panic, the merger will go through. The spineless ones won’t put up a fight. Wait to you hear about the job losses and you won’t be able to blame Brexit. Brown envelopes and gongs round. Good. I'd stop using Asda if they were taken over by Sainsbury's. Why would choice and quality be ‘impacted’ supermarkets all sell the same stuff sourced from the same companies/farms - nothing will change and in theory prices should go DOWN due to economies’ of scale
Source: The Guardian - 🏆 84. / 53 Read more »
Sainsbury's-Asda merger in jeopardyA merger between Sainsbury's and Asda could push up prices and cut choice, warns the competition watchdog. ninac_x who can trust anything the bbc says ? Where's Jeopardy ?
Source: BBCNews - 🏆 3. / 97 Read more »
Sainsbury's-Asda merger in doubt over 'extensive competition concerns'Supermarkets will continue to press case after ‘fundamentally flawed’ CMA analysis Thank goodness we have all these expensive bureaucrats to make these very, um, important decisions. Tesco will be dead chuffed... I thought vertical integration such as this merger leads to economies of scale leading to price reductions. Of course we can all just keep shopping Lidl and AldiUK to keep shopping costs down...
Source: The Guardian - 🏆 84. / 53 Read more »
Asda and Sainsbury's merger could push up food prices and reduce qualityA potential option to address the concerns could include forcing the chains to sell off a 'significant' number of stores.
Source: MetroUK - 🏆 13. / 82 Read more »
Opinion: Sainsbury's and Asda executives will benefit from the proposed merger – but it's unlikely anyone else willThe trouble with deals like this one is that it is often hard to find any winners two, three years out with the exception of the executives whose pay packets only ever head in one direction single leaf lettuce Unfortunately we’ll see thousands of job losses as we see greater concentration of power in the retail sector. The consumer and worker will suffer as billionaires will benefit I’m sure our odious hard right wing government will approve this merger
Source: The Independent - 🏆 80. / 59 Read more »