Economic news

UK’s competition authority investigates merger deal between Sainsbury's and Asda

The UK’s Competition and Markets Authority has started an inquiry to determine if the initiated £12 bln merger of Sainsbury’s and Asda would be damaging for customers and the small companies supplying the retailers.

Photo: Phil Noble/Reuters

The Authority would examine the impact of the move on price growth and on quality of products such as food, toys, apparel, and others, it said.

Another issue is whether the united firm could take advantage of its multiplied purchasing power to squeeze suppliers and the possible ripple effects for consumers.


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree