Sainsbury's and Asda's £12bn merger plans have been dealt a 'hammer blow'

  • 📰 The Independent
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Competition and Market Authority said it had found very significant concerns about how a tie-up between Asda and Sainsbury's would affect prices at supermarkets, online and in petrol stations

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

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 »

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 »

Sainsbury's vows to fight on after watchdog throws Asda merger into doubtSainsbury's has vowed to fight on to clinch its takeover of Asda despite a damning report from the competition watchdog throwing the multibillion-pound merger into doubt.
Source: The Telegraph - 🏆 41. / 63 Read more »

Sainsbury's and Asda merger could be blocked over fears it could push up prices for customersA PLANNED merger between Asda and Sainsbury’s could be stopped over fears it will push up prices of food and fuel for customers. An investigation by the competitions watchdog revealed serious…
Source: TheSun - 🏆 64. / 61 Read more »