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: Mall Visits Slump as Fall Nears: US Consumer Survey Insights 2023, Week 36Supply Chain Optimization with Web3: Unlocking the Potential of Intelligent RetailWeekly US and UK Store Openings and Closures Tracker 2024, Week 12: Burlington Stores To Open 140 US StoresWeekly US and UK Store Openings and Closures Tracker 2024, Week 2: Bodycare To Open 20 UK Stores