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Competition watchdog to probe Asda-Sainsbury's merger 

The proposed ?12bn merger between Asda and Sainsbury’s to create a supermarket giant is being formally investigated by the competition watchdog.
The Competition and Markets Authority (CMA) will examine whether the potential tie-up of the two leading grocers will affect shoppers and suppliers.
It will look into whether the combined business would result in a less competitive environment and constrained choice for consumers as well as higher prices or even worse service.
Also under scrutiny is whether the tie-up could result in suppliers being squeezed on prices as the merged company’s greater buying power gives it more leverage.
Competition watchdog to probe Asda-Sainsbury's merger 

Sainbury's chief Mike Coupe has said the merger will benefit to consumers with lower prices 
Credit:
PA
Andrea Coscelli, chief executive of the CMA, said: “About ?190bn is...
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