UK regulator casts doubt on Sainsbury’s-Asda merger

LONDON (AP) — British regulators say the proposed supermarkets merger between Sainsbury’s and Walmart’s Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country’s biggest grocery chain.
The Competition and Markets Authority, in a preliminary report, said Wednesday it would be “difficult for the companies to address the concerns it has identified” and that a significant number of stores would probably