Politicians call for watchdog to gauge affects of deal, warning merger must not squeeze suppliers
MPs from two parliamentary committees have called on the competition regulator to examine how the merger of Sainsbury’s and Asda will affect suppliers.
The merger of the UK’s second- and third-largest supermarket chains could hand them control of about 30% of the grocery sales, a similar level to Tesco, meaning two businesses would account for 60% of the market in future.
from Mergers and acquisitions | The Guardian https://ift.tt/2rhCJNH
No comments:
Post a Comment