Competition regulator likely to choke on Sainsbury's-Asda deal

CMA unlikely to swallow any of the arguments the two retailers make for mergerPrepare for the biggest competition inquiry in years. A merger of Sainsbury’s and Asda would create an operator with a bigger market share than Tesco, which only a few years ago was defending itself against “Tescopoly” complaints. A Sainsbury’s-Asda combination plus Tesco would have almost 59% of the market between them. At no point since the invention of supermarkets would there ever have been