Markets

The sale of one of Walmart’s biggest international assets is on the rocks after a watchdog warned it could increase prices and lower quality

A merger between Walmart-owned Asda and Sainsbury’s is under threat after a competition authority warned the deal could increase prices and reduce quality. The UK Competition and Markets Authority said it has “extensive concerns” about the deal, which would create a £13 billion ($US17 billion) grocery giant. “We have provisionally […]
The sale of one of Walmart’s biggest international assets is on the rocks after a watchdog warned it could increase prices and lower quality