Flash Report 5 minutesRegister for Free AccessUK Competition Authority Blocks Sainsbury’s-Asda Merger Coresight Research April 26, 2019 Executive SummaryOn April 25, the UK’s Competition and Markets Authority (CMA) blocked the planned merger of Sainsbury’s and Asda. Sainsbury’s is likely to be under pressure to outline a new way forward that includes a plan to improve performance. Sainsbury’s has been the weakest performing of the major grocery retailers. The merger would have created a highly concentrated UK grocery market, with two companies holding an aggregate share of nearly 60%. The CMA concluded that the merger would result in “price rises, reductions in the quality and range of products available, or a poorer overall shopping experience.” Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: September 2023 US Housing Market Indicators: New Residential Construction Starts Drop to Lowest Point in Over Three YearsWeekly US and UK Store Openings and Closures Tracker 2023, Week 25: UK Store Openings Cross 1,000Innovator Matrix: Web3 for RetailUS Apparel and Beauty Spending Tracker, April 2023: Clothing, Footwear and Beauty Spending Growth Eases Further