In-depth review ordered for £15bn Asda-Sainsbury’s merger

Asda inquiry
The £15bn merger of supermarket giants Asda and Sainsbury's "raises sufficient concerns to be referred for a more in-depth review," the Competition and Markets Authority has this morning announced. In August, the CMA opened its initial phase one investigation into the merger and said the companies had requested a ‘fast-track’ referral to phase two. This morning, the CMA made the following announcement: "The CMA has now confirmed, through its Phase 1 investigation, that the deal raises sufficient concerns to be referred fo... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...