Asda-Sainsbury's merger: MPs fear squeeze on suppliers

Politicians call for watchdog to gauge affects of deal, saying it should not hurt suppliersMPs from two parliamentary committees have called on the competition regulator to examine how the merger of Sainsbury’s and Asda will affect suppliers.The merger of the UK’s second- and third-largest supermarket chains could hand them control of about 30% of the grocery sales, a similar level to Tesco, meaning two businesses would account for 60% of the market in future. Continue reading...