The CMA have announced their preliminary findings on the proposed Sainsbury's Asda merger.
SUPR view:
Risk of a substantial lessening of competition (SLC) across:
- 629 local markets – supermarkets sales
- 290 local markets - online groceries
- Over 300 store disposals to remedy the SLC
- Consistent with our analysis when excluding discounters
- Likely to be difficult for the chains to address the concerns.
