By John Glenday

A putative merger between two of Britain’s big six supermarket giants has been thrown into doubt after the UK competition regulator declared that it had ‘extensive concerns’ about the tie-up.

Sainsbury’s had been due to takeover its erstwhile rival Asda but a detailed investigation by the Competition and Markets Authority (CMA) has raised fears that this could undermine competition in stores, online and on petrol forecourts.

In response the CMA is calling for the proposed tie-up to be binned or, at the very least, some form of divestment arrangement where both sides sell off Read full story ›

Source: The Drum