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The UK's competition watchdog will decide shortly whether to give the green light to the proposed tie-up.
Via Graham Watson
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Rescooped by Bruce Fellowes from Microeconomics: IB Economics |
Scoop.it!
Via Graham Watson
The Competition and Markets Authority is soon to rule on whether or not the proposed Sainsbury's-Asda merger should be given the go-ahead or whether it will be deemed uncompetitive.
It's an interesting one: on the one hand there may well be economies of scale that can accrue to the merged entity, and the nature of the sector is, with the arrival of the discounters, increasingly competitive but will it mean for customer choice, and how many stores will it have to divest?