Concerns over Asda’s merger

Concerns over Asda’s merger

- in Finance
107
0



ASDA’S proposed £14billion merger with Sainsbury’s could lead to higher prices or a worse quality of service in 463 local areas, competition watchdogs warned. The Competition and Markets Authority, which last week referred the deal for an in-depth investigation, said there is a “realistic prospect” of a substantial lessening of competition in each of the areas where the rivals’ stores overlap.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Claiming Universal Credit? Warning to apply for Council Tax reduction straight away

UNIVERSAL CREDIT claims are made online, with the