Sainsbury's and Asda may have to offload 460 stores to seal merger

The supermarkets’ catchment areas overlap in 463 places, competition watchdog findsSainsbury’s and Asda could be forced to offload more than 460 stores to satisfy the competition watchdog before a planned merger. The Competition and Markets Authority (CMA) said it had found a “realistic prospect of a significant lessening of competition” in 463 places in the UK where local supermarkets’ catchment areas overlapped.The CMA announced last week that it had referred Sain