Sainsbury must show shopping revolution to get Asda cleared

01.05.2018

J Sainsbury Plc needs to convince the U.K.’s merger watchdog that online retailers and cut-throat discounters have revolutionized how the British buy groceries in order to win approval for its £7.3 billion ($10 billion) bid for Asda.
Stephen Smith, Partner in the competition team, comments on new entrants and the wider competition in Bloomberg.
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